Baltic Classifieds Group (LON:BCG) Hits New 12-Month High – Should You Buy?

Baltic Classifieds Group PLC (LON:BCG)’s share price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 403 ($5.02) and last traded at GBX 365.50 ($4.55), with a volume of 5210115 shares. The stock had previously closed at GBX 344.50 ($4.29).

Baltic Classifieds Group Price Performance

The company has a current ratio of 2.20, a quick ratio of 2.36 and a debt-to-equity ratio of 15.05. The stock has a market cap of £1.78 billion, a PE ratio of 7,390.00, a P/E/G ratio of 1.62 and a beta of 1.43. The company’s 50 day moving average is GBX 328.34 and its 200-day moving average is GBX 309.86.

Baltic Classifieds Group Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, January 24th. Stockholders of record on Thursday, December 12th were given a dividend of €0.01 ($0.01) per share. This represents a dividend yield of 0.29%. The ex-dividend date was Thursday, December 12th. Baltic Classifieds Group’s payout ratio is 6,000.00%.

Insider Activity at Baltic Classifieds Group

In other news, insider Lina Mačienė sold 310,717 shares of the business’s stock in a transaction dated Wednesday, February 5th. The shares were sold at an average price of GBX 344 ($4.28), for a total value of £1,068,866.48 ($1,330,925.76). Also, insider Justinas Šimkus sold 1,720,000 shares of the company’s stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of GBX 329 ($4.10), for a total transaction of £5,658,800 ($7,046,195.99). Over the last 90 days, insiders sold 3,821,625 shares of company stock valued at $1,249,334,078. Insiders own 8.91% of the company’s stock.

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.