The Baldwin Insurance Group (NASDAQ:BRP) Shares Down 1.5% - Should You Sell?

Shares of The Baldwin Insurance Group, Inc. (NASDAQ:BRP - Get Free Report) dropped 1.5% on Tuesday . The stock traded as low as $39.59 and last traded at $39.84. Approximately 629,036 shares traded hands during mid-day trading, an increase of 66% from the average daily volume of 379,203 shares. The stock had previously closed at $40.43.

The Baldwin Insurance Group Stock Performance

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 stock has a market cap of $4.85 billion, a price-to-earnings ratio of -44.83, a P/E/G ratio of 0.91 and a beta of 1.54. The firm has a fifty day simple moving average of $39.68 and a 200-day simple moving average of $40.53.

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.