Bridgepoint Group (LON:BPT) Trading Up 5.9% – Here’s What Happened

Bridgepoint Group plc (LON:BPT – Get Free Report) shares were up 5.9% during mid-day trading on Wednesday . The stock traded as high as GBX 310.99 and last traded at GBX 310.20. Approximately 835,103 shares changed hands during trading, a decline of 92% from the average daily volume of 9,922,807 shares. The stock had previously closed at GBX 292.80.

Wall Street Analysts Forecast Growth

Separately, Citigroup cut their price objective on shares of Bridgepoint Group from GBX 415 to GBX 395 and set a “buy” rating for the company in a research report on Tuesday, April 14th. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, Bridgepoint Group has a consensus rating of “Moderate Buy” and a consensus target price of GBX 385.

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Bridgepoint Group Stock Performance

The stock has a market cap of £2.87 billion, a price-to-earnings ratio of 66.86, a P/E/G ratio of 0.61 and a beta of 1.37. The company has a quick ratio of 3.60, a current ratio of 279.03 and a debt-to-equity ratio of 55.04. The company has a 50 day simple moving average of GBX 263.15 and a 200 day simple moving average of GBX 260.53.

About Bridgepoint Group

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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.

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