Bridgepoint Group (LON:BPT) Trading 1.8% Higher – Should You Buy?

Bridgepoint Group plc (LON:BPT)’s share price traded up 1.8% during mid-day trading on Thursday . The stock traded as high as GBX 310.60 ($4.26) and last traded at GBX 305.82 ($4.20). 446,837 shares traded hands during trading, a decline of 79% from the average session volume of 2,133,064 shares. The stock had previously closed at GBX 300.40 ($4.12).

Wall Street Analysts Forecast Growth

Separately, Citigroup raised shares of Bridgepoint Group to a “buy” rating and set a GBX 410 ($5.63) price objective for the company in a research report on Thursday, March 20th.

Bridgepoint Group Price Performance

The company’s 50 day moving average is GBX 282.37 and its 200 day moving average is GBX 321.52. The company has a current ratio of 4.98, a quick ratio of 3.60 and a debt-to-equity ratio of 12.89. The stock has a market capitalization of £2.53 billion, a price-to-earnings ratio of 55.56, a price-to-earnings-growth ratio of 0.61 and a beta of 1.72.

About Bridgepoint Group

Bridgepoint Group plc is a private equity and private credit firm specializing in middle market, small mid cap, small cap, growth capital, buyouts investments, syndicate debt, infrastructure, direct lending and credit opportunities in private credit investments. It prefers to invest in advanced industrials, automation, agricultural sciences, energy transition enablers, business services, financial services, professional services, testing inspection and certification, information services, consumer, digital brands, video games, wellbeing products, health care, pharma and MedTech outsourced services, pharma products, and MedTech Products sectors.