The Baldwin Insurance Group (NASDAQ:BRP) Shares Up 2.2% – Here’s What Happened

Shares of The Baldwin Insurance Group, Inc. (NASDAQ:BRPGet Free Report) shot up 2.2% on Friday . The stock traded as high as $31.75 and last traded at $31.05. 983,765 shares were traded during mid-day trading, an increase of 159% from the average session volume of 379,203 shares. The stock had previously closed at $30.37.

The Baldwin Insurance Group Trading Up 2.2%

The company has a market cap of $3.65 billion, a price-to-earnings ratio of -33.75, a PEG ratio of 0.91 and a beta of 1.54. The firm has a 50 day moving average price of $35.65 and a two-hundred day moving average price of $39.08. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 1.21.

About The Baldwin Insurance Group

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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.

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