Bridgepoint Group (LON:BPT) Trading 0.7% Higher - Here's What Happened

Bridgepoint Group plc (LON:BPT - Get Free Report) shares traded up 0.7% during mid-day trading on Tuesday . The company traded as high as GBX 296.80 ($3.96) and last traded at GBX 294 ($3.93). 265,272 shares changed hands during mid-day trading, a decline of 90% from the average session volume of 2,673,160 shares. The stock had previously closed at GBX 292 ($3.90).

Analyst Upgrades and Downgrades

Separately, Citigroup raised shares of Bridgepoint Group to a "buy" rating and set a GBX 410 ($5.48) price objective for the company in a report on Thursday, March 20th.

Bridgepoint Group Trading Up 0.8%

The company has a debt-to-equity ratio of 12.89, a current ratio of 4.98 and a quick ratio of 3.60. The company has a market cap of £2.44 billion, a PE ratio of 53.70, a price-to-earnings-growth ratio of 0.61 and a beta of 1.72. The company's 50 day simple moving average is GBX 286.24 and its two-hundred day simple moving average is GBX 330.92.

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

Bridgepoint Group Announces Dividend

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