Georgia Capital (LON:CGEO) Sets New 1-Year High – Time to Buy?

Georgia Capital PLC (LON:CGEO) shares reached a new 52-week high on Thursday . The company traded as high as GBX 3,155 and last traded at GBX 3,155, with a volume of 139980 shares. The stock had previously closed at GBX 3,080.

Georgia Capital Stock Down 1.3%

The firm has a market capitalization of £984.00 million, a PE ratio of 0.73 and a beta of 1.18. The business has a 50-day moving average price of GBX 2,839.07 and a 200-day moving average price of GBX 2,471.20.

Georgia Capital (LON:CGEO) last announced its quarterly earnings data on Tuesday, December 16th. The company reported GBX 274.45 EPS for the quarter. Georgia Capital had a return on equity of 4.87% and a net margin of 58.75%. On average, equities research analysts anticipate that Georgia Capital PLC will post 260.9999942 earnings per share for the current year.

Insider Buying and Selling at Georgia Capital

In related news, insider Irakli Giluari sold 75,000 shares of the company’s stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of GBX 2,997, for a total value of £2,247,750. Insiders own 8.90% of the company’s stock.

About Georgia Capital

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.