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Baltic Classifieds Group (LON:BCG) Shares Down 8.3% - Time to Sell?

Baltic Classifieds Group logo with Communication Services background

Shares of Baltic Classifieds Group PLC (LON:BCG - Get Free Report) were down 8.3% during trading on Thursday . The stock traded as low as GBX 301.05 ($4.11) and last traded at GBX 324 ($4.42). Approximately 3,739,195 shares changed hands during trading, an increase of 118% from the average daily volume of 1,716,650 shares. The stock had previously closed at GBX 353.50 ($4.83).

Wall Street Analysts Forecast Growth

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

Check Out Our Latest Research Report on Baltic Classifieds Group

Baltic Classifieds Group Price Performance

The company has a fifty day simple moving average of GBX 357.31 and a two-hundred day simple moving average of GBX 335.41. The stock has a market capitalization of £1.86 billion, a price-to-earnings ratio of 48.57, a PEG ratio of 1.62 and a beta of 1.43. The company has a debt-to-equity ratio of 13.70, a quick ratio of 2.36 and a current ratio of 2.05.

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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