The Baldwin Insurance Group (NASDAQ:BRP) Shares Down 0.6% - Time to Sell?

Shares of The Baldwin Insurance Group, Inc. (NASDAQ:BRP - Get Free Report) were down 0.6% during trading on Monday . The company traded as low as $38.71 and last traded at $39.12. Approximately 675,686 shares traded hands during trading, an increase of 78% from the average daily volume of 379,203 shares. The stock had previously closed at $39.37.

The Baldwin Insurance Group Stock Performance

The company has a debt-to-equity ratio of 1.21, a current ratio of 0.90 and a quick ratio of 0.90. The stock has a market cap of $4.63 billion, a price-to-earnings ratio of -42.78, a P/E/G ratio of 0.91 and a beta of 1.54. The company's fifty day simple moving average is $39.99 and its two-hundred day simple moving average is $40.76.

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.