Lion Finance Group (LON:BGEO) Reaches New 52-Week High – Here’s Why

Lion Finance Group PLC (LON:BGEOGet Free Report) hit a new 52-week high on Wednesday . The company traded as high as 9,530.00 and last traded at 9,513.02, with a volume of 49194 shares trading hands. The stock had previously closed at 9,350.00.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. upped their price target on shares of Lion Finance Group from GBX 9,200 to £107 and gave the company an “overweight” rating in a research report on Friday, December 5th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has a consensus rating of “Buy”.

View Our Latest Analysis on BGEO

Lion Finance Group Price Performance

The company has a 50 day moving average price of 8,893.50 and a 200 day moving average price of 8,002.43. The firm has a market cap of $416.96 billion, a PE ratio of 2.02, a PEG ratio of 0.88 and a beta of 1.05.

Lion Finance Group (LON:BGEOGet Free Report) last posted its quarterly earnings data on Tuesday, December 16th. The company reported 633.69 earnings per share for the quarter. Lion Finance Group had a net margin of 73.73% and a return on equity of 38.89%. On average, equities analysts anticipate that Lion Finance Group PLC will post 1221.6828479 earnings per share for the current fiscal year.

Insider Activity

In related news, insider Archil Gachechiladze sold 80,000 shares of the firm’s stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of 9,209.00, for a total value of 736,720,000.00. Also, insider Andrew McIntyre acquired 553 shares of the stock in a transaction on Tuesday, December 2nd. The stock was acquired at an average cost of 9,033.00 per share, for a total transaction of 4,995,249.00. Corporate insiders own 8.71% of the company’s stock.

Lion Finance Group Company Profile

(Get Free Report)

Lion Finance Group PLC (formerly Bank of Georgia Group PLC) is a FTSE 250 holding company whose main subsidiaries provide banking and financial services in the high-growth Georgian and Armenian markets through leading, customer-centric, universal banks – Bank of Georgia in Georgia and Ameriabank in Armenia. By building on our competitive strengths, we are committed to driving business growth, sustaining high profitability, and generating strong returns, while creating opportunities for our stakeholders and making a positive contribution in the communities where we operate.

Further Reading

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