Baltic Classifieds Group (LON:BCG) Stock Price Down 5.7% – Time to Sell?

Baltic Classifieds Group PLC (LON:BCG) shares fell 5.7% during trading on Tuesday . The stock traded as low as GBX 313.50 ($3.88) and last traded at GBX 314.50 ($3.89). 508,510 shares were traded during mid-day trading, an increase of 13% from the average session volume of 450,721 shares. The stock had previously closed at GBX 333.50 ($4.12).

Baltic Classifieds Group Stock Down 0.8 %

The company has a debt-to-equity ratio of 15.05, a quick ratio of 2.36 and a current ratio of 2.20. The firm has a 50 day simple moving average of GBX 326.92 and a two-hundred day simple moving average of GBX 296.95. The stock has a market cap of £1.50 billion, a P/E ratio of 6,240.00, a P/E/G ratio of 1.62 and a beta of 1.43.

Baltic Classifieds Group Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, January 24th. Investors of record on Thursday, December 12th will be paid a dividend of €0.01 ($0.01) per share. This represents a dividend yield of 0.29%. The ex-dividend date is Thursday, December 12th. Baltic Classifieds Group’s dividend payout ratio is currently 6,000.00%.

Insider Buying and Selling

In related news, insider Justinas Šimkus sold 1,720,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of GBX 329 ($4.07), for a total transaction of £5,658,800 ($6,994,808.41). Insiders sold 3,395,637 shares of company stock valued at $1,102,909,477 over the last 90 days. 8.91% of the stock is currently owned by company insiders.

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.