Insider Selling: Baltic Classifieds Group PLC (LON:BCG) Insider Sells 1,250,637 Shares of Stock

Baltic Classifieds Group PLC (LON:BCG) insider Justinas Šimkus sold 1,250,637 shares of the firm’s stock in a transaction on Friday, December 13th. The shares were sold at an average price of GBX 321 ($4.04), for a total value of £4,014,544.77 ($5,047,202.38).

Justinas Šimkus also recently made the following trade(s):

• On Wednesday, December 11th, Justinas Šimkus sold 1,720,000 shares of Baltic Classifieds Group stock. The shares were sold at an average price of GBX 329 ($4.14), for a total transaction of £5,658,800 ($7,114,407.85).
• On Monday, December 16th, Justinas Šimkus sold 425,000 shares of Baltic Classifieds Group stock. The shares were sold at an average price of GBX 319 ($4.01), for a total value of £1,355,750 ($1,704,488.31).

Baltic Classifieds Group Price Performance

LON:BCG opened at GBX 325.50 ($4.09) on Thursday. Baltic Classifieds Group PLC has a 52-week low of GBX 211.71 ($2.66) and a 52-week high of GBX 362.50 ($4.56). The company has a quick ratio of 2.36, a current ratio of 2.20 and a debt-to-equity ratio of 15.05. The firm has a market cap of £1.57 billion, a P/E ratio of 6,510.00, a PEG ratio of 1.62 and a beta of 1.43. The business’s 50-day moving average price is GBX 327.39 and its 200 day moving average price is GBX 288.09.

Baltic Classifieds Group Cuts Dividend

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

About Baltic Classifieds Group

Baltic Classifieds Group PLC owns and operates online classifieds portals for automotive, real estate, jobs and services, and general merchandise in Estonia, Latvia, and Lithuania. It operates online classifieds portals for automotive, such as Autoplius.lt and Auto24.ee; real estate portals, including Aruodas.lt, KV.ee, City24.ee, and City24.lv; job and service portals, which include CVbankas.lt, GetaPro.lv, GetaPro.ee, and Paslaugos.lt; and generalist online classifieds portals comprising Skelbiu.lt, Kainos.lt, Osta.ee, and Kuldnebörs.ee.