Baltic Classifieds Group (LON:BCG) Reaches New 52-Week High – Here’s What Happened

Shares of Baltic Classifieds Group PLC (LON:BCG) reached a new 52-week high on Wednesday . The company traded as high as GBX 403 ($5.06) and last traded at GBX 365.50 ($4.59), with a volume of 5210115 shares. The stock had previously closed at GBX 344.50 ($4.33).

Baltic Classifieds Group Trading Down 0.4 %

The firm has a fifty day simple moving average of GBX 328.45 and a 200-day simple moving average of GBX 310.70. 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 firm has a market cap of £2.05 billion, a P/E ratio of 53.59, a price-to-earnings-growth ratio of 1.62 and a beta of 1.43.

Baltic Classifieds Group Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, January 24th. Investors of record on Thursday, December 12th were given a €0.01 ($0.01) dividend. The ex-dividend date of this dividend was Thursday, December 12th. This represents a yield of 0.29%. Baltic Classifieds Group’s payout ratio is 44.97%.

Insider Buying and Selling at Baltic Classifieds Group

In other Baltic Classifieds Group news, insider Justinas Šimkus sold 1,250,637 shares of the firm’s stock in a transaction on Friday, December 13th. The stock was sold at an average price of GBX 321 ($4.03), for a total value of £4,014,544.77 ($5,045,299.45). Also, insider Simonas Orkinas sold 115,271 shares of the company’s stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of GBX 343 ($4.31), for a total transaction of £395,379.53 ($496,895.22). In the last three months, insiders have sold 3,821,625 shares of company stock worth $1,249,334,078. Corporate insiders own 8.91% of the company’s stock.

About Baltic Classifieds Group

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.