The Baldwin Insurance Group (NASDAQ:BRP) Shares Down 6.2% – Should You Sell?

The Baldwin Insurance Group, Inc. (NASDAQ:BRP) shares traded down 6.2% on Wednesday . The stock traded as low as $36.77 and last traded at $37.36. 1,288,517 shares traded hands during mid-day trading, an increase of 240% from the average session volume of 379,203 shares. The stock had previously closed at $39.83.

The Baldwin Insurance Group Trading Down 6.2%

The company has a market capitalization of $4.39 billion, a price-to-earnings ratio of -40.61, a price-to-earnings-growth ratio of 0.91 and a beta of 1.54. The business has a fifty day moving average price of $40.04 and a 200 day moving average price of $40.79. The company has a debt-to-equity ratio of 1.21, a current ratio of 0.90 and a quick ratio of 0.90.

About The Baldwin Insurance Group

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.