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Baltic Classifieds Group (LON:BCG) Trading Down 8.3% - Here's Why

Baltic Classifieds Group logo with Communication Services background

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

Analysts Set New Price Targets

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

Read Our Latest Report on BCG

Baltic Classifieds Group Stock Down 8.3%

The company has a quick ratio of 2.36, a current ratio of 2.05 and a debt-to-equity ratio of 13.70. The stock has a market cap of £1.86 billion, a P/E ratio of 48.57, a P/E/G ratio of 1.62 and a beta of 1.43. The company's 50 day moving average price is GBX 357.22 and its two-hundred day moving average price is GBX 335.42.

About Baltic Classifieds Group

(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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