Bridgepoint Group (LON:BPT) Hits New 52-Week High at $310.00

Bridgepoint Group plc (LON:BPT)’s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 310 ($4.08) and last traded at GBX 310 ($4.08), with a volume of 27519 shares. The stock had previously closed at GBX 302.60 ($3.98).

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. JPMorgan Chase & Co. raised shares of Bridgepoint Group to an “overweight” rating and upped their price objective for the company from GBX 259 ($3.41) to GBX 358 ($4.71) in a research report on Tuesday, August 13th. Jefferies Financial Group reissued a “buy” rating and issued a GBX 310 ($4.08) price target on shares of Bridgepoint Group in a report on Tuesday, July 9th.

Bridgepoint Group Trading Down 0.6 %

The firm has a market cap of £2.40 billion, a P/E ratio of 3,677.50, a price-to-earnings-growth ratio of 0.61 and a beta of 1.71. The business’s 50 day moving average is GBX 270.49 and its 200-day moving average is GBX 252.60. The company has a quick ratio of 3.60, a current ratio of 4.98 and a debt-to-equity ratio of 14.55.

Bridgepoint Group Increases Dividend

The company also recently disclosed a dividend, which will be paid on Monday, October 28th. Investors of record on Thursday, September 19th will be issued a GBX 4.60 ($0.06) dividend. This is a positive change from Bridgepoint Group’s previous dividend of $4.40. This represents a yield of 1.67%. The ex-dividend date of this dividend is Thursday, September 19th. Bridgepoint Group’s payout ratio is currently 11,250.00%.

Bridgepoint Group Company Profile

Bridgepoint Group plc is private equity and private credit firm specializing in middle market, lower mid cap, small cap, growth capital and buyouts investment. 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.