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Baltic Classifieds Group (LON:BCG) Stock Price Down 11.3% - Here's What Happened

Baltic Classifieds Group logo with Communication Services background

Baltic Classifieds Group PLC (LON:BCG - Get Free Report)'s share price fell 11.3% on Thursday . The company traded as low as GBX 301.05 ($4.11) and last traded at GBX 313.50 ($4.28). 4,231,154 shares traded hands during trading, an increase of 146% from the average session volume of 1,720,524 shares. The stock had previously closed at GBX 353.50 ($4.83).

Wall Street Analysts Forecast Growth

Separately, Peel Hunt restated a "hold" rating and set a GBX 350 ($4.78) price objective on shares of Baltic Classifieds Group in a report on Thursday.

Check Out Our Latest Research Report on Baltic Classifieds Group

Baltic Classifieds Group Trading Down 8.3%

The company has a debt-to-equity ratio of 13.70, a current ratio of 2.05 and a quick ratio of 2.36. The business's 50 day simple moving average is GBX 357.31 and its 200-day simple moving average is GBX 335.41. The stock has a market capitalization of £1.86 billion, a P/E ratio of 48.57, a PEG ratio of 1.62 and a beta of 1.43.

Baltic Classifieds Group Company Profile

(Get Free Report)

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.

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