Bridgepoint Group (LON:BPT) Shares Up 0.9% – Here’s What Happened

Bridgepoint Group plc (LON:BPT) was up 0.9% during trading on Wednesday . The company traded as high as GBX 346.60 ($4.39) and last traded at GBX 342 ($4.34). Approximately 115,054 shares changed hands during trading, a decline of 84% from the average daily volume of 723,706 shares. The stock had previously closed at GBX 339 ($4.30).

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. raised shares of Bridgepoint Group to an “overweight” rating and lifted their price target for the company from GBX 259 ($3.28) to GBX 358 ($4.54) in a report on Tuesday, August 13th.

Bridgepoint Group Price Performance

The company has a debt-to-equity ratio of 14.55, a quick ratio of 3.60 and a current ratio of 4.98. The firm has a fifty day simple moving average of GBX 332.22 and a two-hundred day simple moving average of GBX 286.21. The firm has a market cap of £2.81 billion, a PE ratio of 4,275.00, a PEG ratio of 0.61 and a beta of 1.72.

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.