Baltic Classifieds Group (LON:BCG) Hits New 52-Week High – What’s Next?

Baltic Classifieds Group PLC (LON:BCG) reached a new 52-week high on Tuesday . The company traded as high as GBX 309.50 ($4.05) and last traded at GBX 309.50 ($4.05), with a volume of 5526 shares. The stock had previously closed at GBX 302 ($3.95).

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on BCG. 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. Berenberg Bank began coverage on shares of Baltic Classifieds Group in a report on Monday, July 8th. They issued a “buy” rating and a GBX 300 ($3.93) price objective on the stock.

Baltic Classifieds Group Price Performance

The company has a fifty day moving average of GBX 280.83 and a 200-day moving average of GBX 254.60. The stock has a market cap of £1.45 billion, a PE ratio of 6,044.30, a P/E/G 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.

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.