Insider Selling: Baltic Classifieds Group PLC (LON:BCG) Insider Sells 1,720,000 Shares of Stock

Baltic Classifieds Group PLC (LON:BCG) insider Justinas Šimkus sold 1,720,000 shares of the company’s stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of GBX 329 ($4.17), for a total value of £5,658,800 ($7,179,396.09).

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

• On Friday, December 13th, Justinas Šimkus sold 1,250,637 shares of Baltic Classifieds Group stock. The stock was sold at an average price of GBX 321 ($4.07), for a total value of £4,014,544.77 ($5,093,307.24).
• 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 ($4.05), for a total value of £1,355,750 ($1,720,058.36).

Baltic Classifieds Group Stock Performance

Shares of LON:BCG opened at GBX 321.50 ($4.08) on Tuesday. The stock has a market capitalization of £1.55 billion, a P/E ratio of 6,370.00, a P/E/G ratio of 1.62 and a beta of 1.43. The company has a current ratio of 2.20, a quick ratio of 2.36 and a debt-to-equity ratio of 15.05. Baltic Classifieds Group PLC has a 1-year low of GBX 211.71 ($2.69) and a 1-year high of GBX 362.50 ($4.60). The business has a 50-day moving average price of GBX 326.36 and a two-hundred day moving average price of GBX 286.94.

Baltic Classifieds Group Cuts Dividend

The firm also recently disclosed 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 yield of 0.29%. Baltic Classifieds Group’s dividend 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.