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

Shares of Baltic Classifieds Group PLC (LON:BCG) 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 changing hands. The stock had previously closed at GBX 344.50 ($4.29).

Baltic Classifieds Group Price Performance

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

Baltic Classifieds Group Cuts Dividend

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

Insider Activity at Baltic Classifieds Group

In other Baltic Classifieds Group news, insider Justinas ?imkus sold 1,720,000 shares of the stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of GBX 329 ($4.10), for a total value of £5,658,800 ($7,046,195.99). Also, insider Simonas Orkinas sold 115,271 shares of the firm’s stock in a transaction on Monday, February 3rd. The shares were sold at an average price of GBX 343 ($4.27), for a total value of £395,379.53 ($492,316.69). Insiders sold a total of 3,821,625 shares of company stock valued at $1,249,334,078 in the last quarter. 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.