Bridgepoint Group (LON:BPT) Shares Up 0.9% – Should You Buy?

Bridgepoint Group plc (LON:BPT) was up 0.9% during mid-day trading on Wednesday . The stock traded as high as GBX 346.60 ($4.40) 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 Upgrades and Downgrades

Separately, JPMorgan Chase & Co. upgraded shares of Bridgepoint Group to an “overweight” rating and increased their price objective for the stock from GBX 259 ($3.29) to GBX 358 ($4.54) in a research note on Tuesday, August 13th.

Bridgepoint Group Price Performance

The company has a debt-to-equity ratio of 14.55, a current ratio of 4.98 and a quick ratio of 3.60. The stock has a market capitalization of £2.83 billion, a price-to-earnings ratio of 4,307.50, a price-to-earnings-growth ratio of 0.61 and a beta of 1.72. The company has a 50-day simple moving average of GBX 331.58 and a two-hundred day simple moving average of GBX 286.62.

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.