Georgia Capital (LON:CGEO) Hits New 12-Month High – Time to Buy?

Shares of Georgia Capital PLC (LON:CGEO) hit a new 52-week high on Monday . The stock traded as high as GBX 3,075 and last traded at GBX 3,075, with a volume of 23671 shares traded. The stock had previously closed at GBX 3,020.

Georgia Capital Price Performance

The firm has a fifty day moving average of GBX 2,662.97 and a two-hundred day moving average of GBX 2,350.99. The stock has a market capitalization of £982.28 million, a P/E ratio of 0.72 and a beta of 1.18.

Georgia Capital (LON:CGEO) last released its quarterly earnings data on Tuesday, December 16th. The company reported GBX 274.45 earnings per share (EPS) for the quarter. Georgia Capital had a net margin of 58.75% and a return on equity of 4.87%. As a group, sell-side analysts forecast that Georgia Capital PLC will post 260.9999942 EPS for the current fiscal year.

Insiders Place Their Bets

In other Georgia Capital news, insider Irakli Giluari sold 60,000 shares of the stock in a transaction that occurred on Friday, December 19th. The stock was sold at an average price of GBX 3,000, for a total transaction of £1,800,000. Corporate insiders own 8.90% of the company’s stock.

Georgia Capital Company Profile

Georgia Capital PLC (“Georgia Capital” or “the Group” or “GCAP”– LSE: CGEO LN) is a platform for buying, building and developing businesses in Georgia with holdings in sectors that are expected to benefit from the continued growth and further diversification of the Georgian economy. The Group’s focus is typically on larger-scale investment opportunities in Georgia, which have the potential to reach at least GEL 300 million equity value over 3-5 years from the initial investment and to monetise them through exits, as investments mature.