Bridgepoint Group (LON:BPT) Sets New 1-Year High at $300.60

Bridgepoint Group plc (LON:BPT)’s share price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 300.60 ($3.87) and last traded at GBX 296.60 ($3.82), with a volume of 636301 shares trading hands. The stock had previously closed at GBX 293 ($3.77).

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on BPT shares. JPMorgan Chase & Co. cut their price target on Bridgepoint Group from GBX 262 ($3.37) to GBX 259 ($3.33) and set a “neutral” rating for the company in a research note on Wednesday, April 3rd. Jefferies Financial Group restated a “buy” rating and set a GBX 310 ($3.99) price target on shares of Bridgepoint Group in a research note on Tuesday, July 9th.

Bridgepoint Group Trading Up 1.6 %

The stock has a fifty day moving average of GBX 236.55 and a 200 day moving average of GBX 248.83. The company has a debt-to-equity ratio of 15.27, a quick ratio of 3.60 and a current ratio of 5.32. The company has a market capitalization of £2.36 billion, a PE ratio of 3,255.56, a PEG ratio of 0.61 and a beta of 1.65.

Bridgepoint Group Increases Dividend

The company also recently disclosed a dividend, which will be paid on Monday, October 28th. Stockholders of record on Thursday, September 19th will be issued a dividend of GBX 4.60 ($0.06) per share. This represents a dividend yield of 1.67%. This is a boost from Bridgepoint Group’s previous dividend of $4.40. The ex-dividend date is Thursday, September 19th. Bridgepoint Group’s dividend payout ratio is 10,000.00%.

About Bridgepoint Group

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.