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Bridge Investment Group Holdings Inc (NYSE: BRDG) closed the day trading at $9.49 down -3.75% from the previous closing price of $9.86. In other words, the price has decreased by -$3.75 from its previous closing price. On the day, 0.62 million shares were traded.
Ratios:
For a better understanding of BRDG, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 20.43 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.35. In the meantime, Its Debt-to-Equity ratio is 0.89 whereas as Long-Term Debt/Eq ratio is at 0.89.
On January 07, 2025, JP Morgan Downgraded its rating to Neutral which previously was Overweight and also lowered its target price recommendation from $12 to $10.
Morgan Stanley Downgraded its Overweight to Equal-Weight on November 08, 2024, whereas the target price for the stock was revised from $14 to $11.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 5.46 while its Price-to-Book (P/B) ratio in mrq is 0.62.
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 13.59%, while the 200-Day Moving Average is calculated to be 9.86%.
Shares Statistics:
A total of 44.71M shares are outstanding, with a floating share count of 36.99M. Insiders hold about 17.26% of the company’s shares, while institutions hold 48.36% stake in the company.
