Bridgepoint Group (LON:BPT) Trading Up 0.9% - Here's Why

Bridgepoint Group plc (LON:BPT - Get Free Report)'s share price was up 0.9% 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 were traded during mid-day trading, a decline of 84% from the average daily volume of 723,706 shares. The stock had previously closed at GBX 339 ($4.30).

Analysts Set New Price Targets

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

Bridgepoint Group Stock Performance

The firm's fifty day moving average is GBX 331.58 and its 200-day moving average is GBX 286.62. The company has a current ratio of 4.98, a quick ratio of 3.60 and a debt-to-equity ratio of 14.55. The stock has a market capitalization of £2.83 billion, a PE ratio of 4,307.50, a price-to-earnings-growth 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.