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

Baltic Classifieds Group PLC (LON:BCG - Get Free Report) shares hit a new 52-week high during trading on Monday . The stock traded as high as GBX 330 ($4.28) and last traded at GBX 328 ($4.26), with a volume of 29450 shares. The stock had previously closed at GBX 322.84 ($4.19).

Analysts Set New Price Targets

A number of research analysts have weighed in on BCG shares. Berenberg Bank began coverage on Baltic Classifieds Group in a report on Monday, July 8th. They set a "buy" rating and a GBX 300 ($3.90) target price on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a GBX 294 ($3.82) price target on shares of Baltic Classifieds Group in a research note on Thursday, July 4th.

Baltic Classifieds Group Stock Performance

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 business's 50-day moving average is GBX 289.21 and its 200-day moving average is GBX 260.07. The company has a market capitalization of £1.55 billion, a PE ratio of 6,550.00, a PEG ratio of 1.62 and a beta of 1.43.

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.