Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
In the latest session, Bridge Investment Group Holdings Inc (NYSE: BRDG) closed at $7.56 down -8.92% from its previous closing price of $8.30. In other words, the price has decreased by -$8.92 from its previous closing price. On the day, 0.56 million shares were traded. BRDG stock price reached its highest trading level at $8.15 during the session, while it also had its lowest trading level at $7.45.
Ratios:
For a deeper understanding of Bridge Investment Group Holdings Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 21.58 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.30. In the meantime, Its Debt-to-Equity ratio is 5.41 whereas as Long-Term Debt/Eq ratio is at 5.23.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, JP Morgan on January 07, 2025, Downgraded its rating to Neutral and sets its target price to $10 from $12 previously.
On November 08, 2024, Morgan Stanley Downgraded its rating to Equal-Weight which previously was Overweight and also lowered its target price recommendation from $14 to $11.
TD Cowen Downgraded its Buy to Hold on October 14, 2024, whereas the target price for the stock was revised from $10 to $10.50.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jan 06 ’25 when Allara Dean sold 10,877 shares for $8.31 per share. The transaction valued at 90,388 led to the insider holds 662,473 shares of the business.
Allara Dean sold 10,438 shares of BRDG for $86,531 on Jan 02 ’25. The Vice Chairman now owns 683,606 shares after completing the transaction at $8.29 per share. On Jan 03 ’25, another insider, Allara Dean, who serves as the Vice Chairman of the company, sold 10,256 shares for $8.07 each. As a result, the insider received 82,766 and left with 673,350 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BRDG now has a Market Capitalization of 915395008 and an Enterprise Value of 1151475840. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.44 while its Price-to-Book (P/B) ratio in mrq is 3.56. Its current Enterprise Value per Revenue stands at 2.844 whereas that against EBITDA is 20.76.
Stock Price History:
Over the past 52 weeks, BRDG has reached a high of $11.69, while it has fallen to a 52-week low of $6.18. The 50-Day Moving Average of the stock is -20.67%, while the 200-Day Moving Average is calculated to be -9.35%.
Shares Statistics:
For the past three months, BRDG has traded an average of 228.18K shares per day and 183140 over the past ten days. A total of 41.78M shares are outstanding, with a floating share count of 36.65M. Insiders hold about 12.24% of the company’s shares, while institutions hold 47.18% stake in the company. Shares short for BRDG as of 1734048000 were 351927 with a Short Ratio of 1.54, compared to 1731628800 on 343482. Therefore, it implies a Short% of Shares Outstanding of 351927 and a Short% of Float of 0.9599999499999999.
Dividends & Splits
According to the company, the forward annual dividend rate for BRDG is 0.42, from 0.49 in the trailing year. Against a Trailing Annual Dividend Yield of 0.059036143
