Bank of Georgia Group (LON:BGEO) Hits New 1-Year High – Still a Buy?

Bank of Georgia Group PLC (LON:BGEO) shares reached a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 6,650 ($88.36) and last traded at GBX 6,585 ($87.50), with a volume of 2762 shares traded. The stock had previously closed at GBX 6,535 ($86.83).

Bank of Georgia Group Stock Up 0.5%

The firm’s 50 day simple moving average is GBX 5,557.63 and its 200-day simple moving average is GBX 5,028.91. The company has a market capitalization of £2.90 billion, a PE ratio of 1.27, a P/E/G ratio of 0.88 and a beta of 1.05.

Bank of Georgia Group (LON:BGEO) last released its quarterly earnings data on Tuesday, February 25th. The company reported GBX 1,612.18 ($21.42) earnings per share (EPS) for the quarter. Bank of Georgia Group had a net margin of 73.73% and a return on equity of 38.89%. As a group, sell-side analysts anticipate that Bank of Georgia Group PLC will post 1221.6828479 EPS for the current fiscal year.

Bank of Georgia Group Company Profile

Lion Finance Group PLC (formerly Bank of Georgia Group PLC) is a FTSE 250 holding company whose main subsidiaries provide banking and financial services focused in the high-growth Georgian and Armenian markets through leading, customer-centric, universal banks – Bank of Georgia in Georgia and Ameriabank in Armenia.