Baltic Classifieds Group (LON:BCG) Trading Up 1.4% – Here’s Why

Baltic Classifieds Group PLC (LON:BCG) shares were up 1.4% during mid-day trading on Tuesday . The company traded as high as GBX 335 ($4.53) and last traded at GBX 335 ($4.53). Approximately 674,112 shares changed hands during trading, a decline of 63% from the average daily volume of 1,817,252 shares. The stock had previously closed at GBX 330.50 ($4.47).

Analysts Set New Price Targets

Separately, Peel Hunt reissued a “hold” rating and set a GBX 350 target price on shares of Baltic Classifieds Group in a research report on Thursday, July 3rd. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Baltic Classifieds Group has a consensus rating of “Hold” and a consensus price target of GBX 350.

Baltic Classifieds Group Price Performance

The company has a debt-to-equity ratio of 13.70, a current ratio of 2.05 and a quick ratio of 2.36. The company’s 50-day simple moving average is GBX 346.30 and its 200-day simple moving average is GBX 340.29. The company has a market cap of £1.61 billion, a price-to-earnings ratio of 3,602.15, a P/E/G ratio of 1.62 and a beta of 1.43.

Baltic Classifieds Group Company Profile

Baltic Classifieds Group (BCG) is the leading online classifieds group in the Baltics, which owns and operates twelve leading vertical and generalist online classifieds portals in Estonia, Latvia and Lithuania. BCG’s online classifieds portfolio comprises four business lines – automotive, real estate, jobs & services and generalist.