Baltic Classifieds Group (LON:BCG) Trading Up 0.5% - Time to Buy?

Key Points

• Baltic Classifieds Group (LON:BCG) shares increased by 0.5%, trading at GBX 366 ($4.92), with a notable drop in trading volume by 31% from the average.
• Analyst Peel Hunt reaffirmed a "hold" rating on the stock and set a price target of GBX 350 ($4.70).
• The company, a leader in online classifieds in the Baltics, operates twelve platforms across various business lines including automotive, real estate, and jobs.

Baltic Classifieds Group PLC (LON:BCG - Get Free Report)'s stock price traded up 0.5% during trading on Friday . The stock traded as high as GBX 366 ($4.89) and last traded at GBX 366 ($4.89). 1,196,047 shares changed hands during trading, a decline of 31% from the average session volume of 1,737,970 shares. The stock had previously closed at GBX 364 ($4.86).

Wall Street Analyst Weigh In

Separately, Peel Hunt restated a "hold" rating and set a GBX 350 ($4.67) price objective on shares of Baltic Classifieds Group in a research report on Thursday, July 3rd.

Baltic Classifieds Group Price Performance

The company has a debt-to-equity ratio of 13.70, a quick ratio of 2.36 and a current ratio of 2.05. The stock has a market capitalization of £2.01 billion, a price-to-earnings ratio of 52.69, a P/E/G ratio of 1.62 and a beta of 1.43. The company has a 50-day moving average of GBX 361.02 and a 200-day moving average of GBX 340.85.

About Baltic Classifieds Group

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.