TBC Bank Group (LON:TBCG) Stock Price Up 5% – Still a Buy?

TBC Bank Group PLC (LON:TBCGGet Free Report)’s share price rose 5% during trading on Friday . The company traded as high as GBX 4,580 and last traded at GBX 4,534.16. Approximately 73,590 shares traded hands during mid-day trading, a decline of 83% from the average daily volume of 439,765 shares. The stock had previously closed at GBX 4,318.

TBC Bank Group Trading Up 5.0%

The firm has a market capitalization of £2.50 billion, a P/E ratio of 1.76, a price-to-earnings-growth ratio of 0.80 and a beta of 0.66. The business has a 50-day moving average of GBX 4,602.14 and a 200 day moving average of GBX 4,323.84.

About TBC Bank Group

(Get Free Report)

TBC Bank Group PLC (“TBC PLC”) is a public limited company registered in England and Wales. TBC PLC is the parent company of JSC TBC Bank (“TBC Bank”) and a group of companies that principally operate in Georgia in the financial sector. TBC Bank, together with its subsidiaries, is a leading universal banking group in Georgia. TBC PLC also offers non-financial services via TNET, the largest digital ecosystem in Georgia. Since 2019, TBC PLC has expanded its operations into Uzbekistan by operating fast growing retail digital financial services in the country.

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