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Baltic Classifieds Group (LON:BCG) Hits New 52-Week High - Here's Why

Baltic Classifieds Group logo with Communication Services background

Baltic Classifieds Group PLC (LON:BCG - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 309.50 ($4.05) and last traded at GBX 309.50 ($4.05), with a volume of 5526 shares trading hands. The stock had previously closed at GBX 302 ($3.95).

Analysts Set New Price Targets

Several equities research analysts have issued reports on BCG shares. Berenberg Bank initiated coverage on shares of Baltic Classifieds Group in a research report on Monday, July 8th. They set a "buy" rating and a GBX 300 ($3.93) target price for the company. Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a GBX 294 ($3.85) price objective on shares of Baltic Classifieds Group in a report on Thursday, July 4th.

View Our Latest Stock Analysis on BCG

Baltic Classifieds Group Trading Up 0.3 %

The stock has a market capitalization of £1.46 billion, a P/E ratio of 6,060.00, a price-to-earnings-growth ratio of 1.62 and a beta of 1.43. The company has a current ratio of 2.20, a quick ratio of 2.36 and a debt-to-equity ratio of 15.05. The stock's fifty day moving average price is GBX 280.83 and its two-hundred day moving average price is GBX 254.60.

About Baltic Classifieds Group

(Get Free Report)

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.

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