The Baldwin Insurance Group (NASDAQ:BRP) Shares Down 6.2% – Should You Sell?

Shares of The Baldwin Insurance Group, Inc. (NASDAQ:BRPGet Free Report) fell 6.2% during trading on Wednesday . The stock traded as low as $36.77 and last traded at $37.36. 1,288,517 shares were traded during trading, an increase of 240% from the average session volume of 379,203 shares. The stock had previously closed at $39.83.

The Baldwin Insurance Group Stock Down 6.2%

The firm has a fifty day moving average price of $40.04 and a 200 day moving average price of $40.79. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 1.21. The company has a market cap of $4.39 billion, a P/E ratio of -40.61, a PEG ratio of 0.91 and a beta of 1.54.

About The Baldwin Insurance Group

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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.

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