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

Baltic Classifieds Group PLC (LON:BCG)’s share price hit a new 52-week high during trading on Tuesday . The stock traded as high as GBX 320 ($4.18) and last traded at GBX 315.50 ($4.12), with a volume of 7574 shares trading hands. The stock had previously closed at GBX 309.50 ($4.04).

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 294 ($3.84) price target on shares of Baltic Classifieds Group in a research note on Thursday, July 4th. Berenberg Bank started coverage on Baltic Classifieds Group in a research note on Monday, July 8th. They issued a “buy” rating and a GBX 300 ($3.92) target price on the stock.

Baltic Classifieds Group Stock Performance

The company has a debt-to-equity ratio of 15.05, a current ratio of 2.20 and a quick ratio of 2.36. The firm has a market cap of £1.54 billion, a price-to-earnings ratio of 6,290.00, a P/E/G ratio of 1.62 and a beta of 1.43. The firm has a fifty day simple moving average of GBX 286.83 and a two-hundred day simple moving average of GBX 258.50.

About Baltic Classifieds Group

Baltic Classifieds Group PLC owns and operates online classifieds portals for automotive, real estate, jobs and services, and general merchandise in Estonia, Latvia, and Lithuania. It operates online classifieds portals for automotive, such as Autoplius.lt and Auto24.ee; real estate portals, including Aruodas.lt, KV.ee, City24.ee, and City24.lv; job and service portals, which include CVbankas.lt, GetaPro.lv, GetaPro.ee, and Paslaugos.lt; and generalist online classifieds portals comprising Skelbiu.lt, Kainos.lt, Osta.ee, and Kuldnebörs.ee.