Baltic Classifieds Group (LON:BCG) Stock Price Up 0% – What’s Next?

Baltic Classifieds Group PLC (LON:BCG)’s stock price traded up 0% during mid-day trading on Tuesday . The company traded as high as GBX 210.40 and last traded at GBX 204.65. 75,378,063 shares traded hands during mid-day trading, an increase of 672% from the average daily volume of 9,764,011 shares. The stock had previously closed at GBX 204.60.

Analyst Ratings Changes

A number of equities analysts have weighed in on BCG shares. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 270 target price on shares of Baltic Classifieds Group in a research note on Friday, July 3rd. Jefferies Financial Group restated a “hold” rating and set a GBX 200 target price on shares of Baltic Classifieds Group in a report on Thursday, July 2nd. Finally, JPMorgan Chase & Co. boosted their price target on shares of Baltic Classifieds Group from GBX 158 to GBX 183 and gave the company an “underweight” rating in a report on Monday, August 3rd. Two analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of GBX 256.50.

Baltic Classifieds Group Stock Up 0.0%

The company has a current ratio of 1.70, a quick ratio of 2.36 and a debt-to-equity ratio of 24.77. The firm’s 50 day moving average price is GBX 193.93 and its two-hundred day moving average price is GBX 190.30. The company has a market capitalization of £859.78 million, a P/E ratio of 19.13, a PEG ratio of 1.62 and a beta of 1.06.

Insiders Place Their Bets

In other news, insider Justinas ?imkus bought 237,133 shares of the company’s stock in a transaction dated Tuesday, August 4th. The shares were bought at an average cost of GBX 1 per share, with a total value of £2,371.33. Insiders own 5.77% 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. The portals are accessible through the websites of the Group’s various brands via desktop and mobile.