Bridgepoint Group (LON:BPT) Shares Down 11.6% - Should You Sell?

Shares of Bridgepoint Group plc (LON:BPT - Get Free Report) traded down 11.6% during mid-day trading on Monday . The stock traded as low as GBX 247.20 ($3.23) and last traded at GBX 247.80 ($3.24). 97,968,586 shares traded hands during trading, an increase of 1,929% from the average session volume of 4,828,735 shares. The stock had previously closed at GBX 280.40 ($3.67).

Analyst Ratings Changes

Separately, Citigroup upgraded Bridgepoint Group to a "buy" rating and set a GBX 410 ($5.36) price objective for the company in a report on Thursday, March 20th.

Bridgepoint Group Trading Down 3.7 %

The company has a quick ratio of 3.60, a current ratio of 4.98 and a debt-to-equity ratio of 12.89. The firm has a market capitalization of £2.03 billion, a price-to-earnings ratio of 44.58, a price-to-earnings-growth ratio of 0.61 and a beta of 1.72. The firm's 50 day moving average is GBX 335.20 and its 200 day moving average is GBX 341.19.

Bridgepoint Group (LON:BPT - Get Free Report) last released its quarterly earnings data on Thursday, March 13th. The company reported GBX 19.50 ($0.26) earnings per share for the quarter. Bridgepoint Group had a return on equity of 6.10% and a net margin of 16.74%. Equities analysts forecast that Bridgepoint Group plc will post 17.4062165 earnings per share for the current year.

Bridgepoint Group Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Thursday, May 22nd. Shareholders of record on Thursday, April 24th will be issued a dividend of GBX 4.60 ($0.06) per share. The ex-dividend date of this dividend is Thursday, April 24th. This represents a yield of 1.43%. Bridgepoint Group's payout ratio is presently 163.50%.

About Bridgepoint Group

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.