Bridgepoint Group (LON:BPT) Sets New 1-Year High at $310.00

Bridgepoint Group plc (LON:BPT) shares hit a new 52-week high on Monday . The company traded as high as GBX 310 ($4.05) and last traded at GBX 309.60 ($4.05), with a volume of 17531 shares traded. The stock had previously closed at GBX 303.65 ($3.97).

Analyst Ratings Changes

BPT has been the subject of several research reports. JPMorgan Chase & Co. upgraded shares of Bridgepoint Group to an “overweight” rating and raised their price objective for the stock from GBX 259 ($3.39) to GBX 358 ($4.68) in a research report on Tuesday, August 13th. Jefferies Financial Group reissued a “buy” rating and set a GBX 310 ($4.05) target price on shares of Bridgepoint Group in a report on Tuesday, July 9th.

Bridgepoint Group Trading Down 0.4 %

The stock has a market capitalization of £2.65 billion, a P/E ratio of 4,055.00, a P/E/G ratio of 0.61 and a beta of 1.71. 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 business has a 50-day moving average price of GBX 279.46 and a two-hundred day moving average price of GBX 253.65.

Bridgepoint Group Increases Dividend

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

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.