Bridgepoint Group (LON:BPT) Shares Down 11.6% - What's Next?

Shares of Bridgepoint Group plc (LON:BPT - Get Free Report) dropped 11.6% during trading on Tuesday . The company traded as low as GBX 247.20 ($3.24) and last traded at GBX 247.80 ($3.24). Approximately 97,968,586 shares changed hands during trading, an increase of 1,929% from the average daily volume of 4,828,735 shares. The stock had previously closed at GBX 280.40 ($3.67).

Analyst Ratings Changes

Separately, Citigroup upgraded shares of Bridgepoint Group to a "buy" rating and set a GBX 410 ($5.37) price objective for the company in a report on Thursday, March 20th.

Bridgepoint Group Trading Down 3.7 %

The company has a quick ratio of 3.60, a current ratio of 4.98 and a debt-to-equity ratio of 12.89. The stock has a market capitalization of £2.03 billion, a P/E ratio of 44.58, a PEG ratio of 0.61 and a beta of 1.72. The firm's 50-day simple moving average is GBX 335.20 and its 200 day simple moving average is GBX 341.15.

Bridgepoint Group (LON:BPT - Get Free Report) last released its earnings results on Thursday, March 13th. The company reported GBX 19.50 ($0.26) EPS for the quarter. Bridgepoint Group had a net margin of 16.74% and a return on equity of 6.10%. Equities research analysts anticipate that Bridgepoint Group plc will post 17.4062165 EPS for the current fiscal year.

Bridgepoint Group Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Thursday, May 22nd. Stockholders of record on Thursday, April 24th will be paid a dividend of GBX 4.60 ($0.06) per share. This represents a dividend yield of 1.43%. The ex-dividend date is Thursday, April 24th. Bridgepoint Group's dividend payout ratio is presently 163.50%.

Bridgepoint Group Company Profile

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.