At the end of the latest market close, BRP Group Inc. (BRP) was valued at $37.64. In that particular session, Stock kicked-off at the price of $35.82 while reaching the peak value of $35.89 and lowest value recorded on the day was $30.85. The stock current value is $31.27.Recently in News on September 14, 2021, BRP Group, Inc. Announces Pricing of Its Public Offering of Common Stock. BRP Group, Inc. (“BRP Group” or the “Company”) (NASDAQ: BRP), an independent insurance distribution firm, today announced the pricing of its offering of 8,000,000 shares of its Class A common stock at a price to the public of $30.50 per share. The underwriters for the offering also have a 30-day option to purchase up to 1,200,000 additional shares of the Company’s Class A common stock. BRP Group’s Class A common stock trades on the Nasdaq Global Select Market under the ticker symbol “BRP.” The offering is expected to close on September 17, 2021, subject to customary closing conditions. You can read further details here
BRP Group Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $40.82 on 09/07/21, with the lowest value was $22.79 for the same time period, recorded on 05/14/21.
BRP Group Inc. (BRP) full year performance was 12.60%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, BRP Group Inc. shares are logging -23.40% during the 52-week period from high price, and 37.21% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $22.79 and $40.82.
The company’s shares, operating in the sector of Financial managed to top a trading volume set approximately around 2226375 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the BRP Group Inc. (BRP) recorded performance in the market was 4.34%, having the revenues showcasing 7.64% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 3.22B, as it employees total of 1464 workers.
The Analysts eye on BRP Group Inc. (BRP)
During the last month, 0 analysts gave the BRP Group Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 28.82, with a change in the price was noted +2.27. In a similar fashion, BRP Group Inc. posted a movement of +7.83% for the period of last 100 days, recording 291,277 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for BRP is recording 1.31 at the time of this writing. In addition, long term Debt to Equity ratio is set at 1.29.
Technical rundown of BRP Group Inc. (BRP)
Raw Stochastic average of BRP Group Inc. in the period of last 50 days is set at 38.86%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 4.21%. In the last 20 days, the company’s Stochastic %K was 40.74% and its Stochastic %D was recorded 57.09%.
Considering, the past performance of BRP Group Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 4.34%. Additionally, trading for the stock in the period of the last six months notably improved by 13.71%, alongside a boost of 12.60% for the period of the last 12 months. The shares increased approximately by -18.80% in the 7-day charts and went down by -10.78% in the period of the last 30 days. Common stock shares were driven by 7.64% during last recorded quarter.