The Baldwin Insurance Group (NASDAQ:BRP) Trading Up 7.3% – Here’s Why

The Baldwin Insurance Group, Inc. (NASDAQ:BRP) rose 7.3% during trading on Friday . The company traded as high as $27.53 and last traded at $27.50. Approximately 1,489,445 shares changed hands during mid-day trading, an increase of 293% from the average daily volume of 379,203 shares. The stock had previously closed at $25.62.

The Baldwin Insurance Group Trading Up 7.3%

The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.90 and a current ratio of 0.90. The company has a market cap of $3.23 billion, a price-to-earnings ratio of -29.89, a P/E/G ratio of 0.91 and a beta of 1.54. The company’s fifty day moving average is $22.11 and its two-hundred day moving average is $22.15.

The Baldwin Insurance Group Company Profile

BRP Group, Inc operates as an independent insurance distribution firm that delivers insurance and risk management solutions in the United States. It operates through three segments: Insurance Advisory Solutions; Underwriting, Capacity & Technology Solutions; and Mainstreet Insurance Solutions. The Insurance Advisory Solutions segment provides commercial risk management, employee benefits, and private risk management solutions for businesses and high-net-worth individuals, as well as their families.