Bridgepoint Group (LON:BPT) Trading Down 11.6% - Time to Sell?

Bridgepoint Group plc (LON:BPT - Get Free Report)'s share price dropped 11.6% on Tuesday . The stock traded as low as GBX 247.20 ($3.24) and last traded at GBX 247.80 ($3.24). Approximately 97,968,586 shares were traded during mid-day trading, an increase of 1,929% from the average daily volume of 4,828,735 shares. The stock had previously closed at GBX 280.40 ($3.67).

Analysts Set New Price Targets

Separately, Citigroup upgraded shares of Bridgepoint Group to a "buy" rating and set a GBX 410 ($5.37) price target for the company in a research report on Thursday, March 20th.

Bridgepoint Group Stock 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 50 day moving average of GBX 335.20 and a two-hundred day moving average of GBX 341.15. 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.

Bridgepoint Group (LON:BPT - Get Free Report) last posted its earnings results on Thursday, March 13th. The company reported GBX 19.50 ($0.26) earnings per share for the quarter. Bridgepoint Group had a net margin of 16.74% and a return on equity of 6.10%. As a group, sell-side analysts anticipate that Bridgepoint Group plc will post 17.4062165 EPS for the current fiscal year.

Bridgepoint Group Dividend Announcement

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

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.