Lion Finance Group (LON:BGEO) Posts Quarterly Earnings Results

Lion Finance Group (LON:BGEO) released its earnings results on Tuesday. The company reported GEL 778.58 earnings per share for the quarter, Digital Look Earnings reports. Lion Finance Group had a return on equity of 27.26% and a net margin of 32.18%.

Lion Finance Group Trading Up 0.3%

LON BGEO traded up GEL 40.00 on Tuesday, hitting GEL 12,540.00. 165,259 shares of the company were exchanged, compared to its average volume of 3,228,740. Lion Finance Group has a 1-year low of GEL 6,905.00 and a 1-year high of GEL 13,190.00. The firm has a 50 day moving average of GEL 11,363.89 and a two-hundred day moving average of GEL 10,757.41. The company has a market cap of $540.30 billion, a P/E ratio of 2.44, a P/E/G ratio of 0.88 and a beta of 0.76.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. raised their price objective on Lion Finance Group from £131 to £139 and gave the stock an “overweight” rating in a research report on Monday, June 29th. One analyst has rated the stock with a Buy rating, According to MarketBeat, Lion Finance Group presently has an average rating of “Buy”.

Lion Finance Group Company Profile

Lion Finance Group PLC (formerly Bank of Georgia Group PLC) is a FTSE 100 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.