The Baldwin Insurance Group (NASDAQ:BRP) Trading 2.3% Higher – Still a Buy?

The Baldwin Insurance Group, Inc. (NASDAQ:BRP) shares shot up 2.3% during mid-day trading on Tuesday . The company traded as high as $24.1750 and last traded at $24.00. 896,991 shares changed hands during trading, an increase of 137% from the average session volume of 379,203 shares. The stock had previously closed at $23.47.

The Baldwin Insurance Group Stock Up 2.3%

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 business has a 50-day moving average price of $29.27 and a 200-day moving average price of $35.84. The firm has a market cap of $2.82 billion, a P/E ratio of -26.09, a P/E/G ratio of 0.91 and a beta of 1.54.

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.