Baltic Classifieds Group (LON:BCG) Trading Up 1.4% – Still a Buy?

Baltic Classifieds Group PLC (LON:BCG)’s share price was up 1.4% during trading on Wednesday . The company traded as high as GBX 344 ($4.28) and last traded at GBX 342.69 ($4.27). Approximately 1,042,323 shares traded hands during mid-day trading, a decline of 22% from the average daily volume of 1,332,798 shares. The stock had previously closed at GBX 338 ($4.21).

Baltic Classifieds Group Trading Up 1.4 %

The business has a 50 day moving average of GBX 328.08 and a two-hundred day moving average of GBX 305.19. The company has a debt-to-equity ratio of 15.05, a quick ratio of 2.36 and a current ratio of 2.20. The firm has a market capitalization of £1.65 billion, a price-to-earnings ratio of 6,853.78, a P/E/G ratio of 1.62 and a beta of 1.43.

Baltic Classifieds Group Cuts Dividend

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

Insider Activity at Baltic Classifieds Group

In related news, insider Justinas Šimkus sold 425,000 shares of the firm’s stock in a transaction dated Monday, December 16th. The shares were sold at an average price of GBX 319 ($3.97), for a total transaction of £1,355,750 ($1,687,935.76). Insiders have sold a total of 3,395,637 shares of company stock valued at $1,102,909,477 over the last 90 days. 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.