The Baldwin Insurance Group (NASDAQ:BRP) Shares Down 0.3% – Here’s What Happened

The Baldwin Insurance Group, Inc. (NASDAQ:BRP) shares were down 0.3% on Wednesday . The company traded as low as $21.35 and last traded at $21.94. Approximately 1,802,854 shares were traded during trading, an increase of 375% from the average daily volume of 379,203 shares. The stock had previously closed at $22.01.

The Baldwin Insurance Group Stock Performance

The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 1.21. The company has a market cap of $2.63 billion, a price-to-earnings ratio of -24.29, a P/E/G ratio of 0.91 and a beta of 1.54. The stock has a 50 day moving average price of $20.46 and a two-hundred day moving average price of $24.16.

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.