Bank of Georgia Group (LON:BGEO) Stock Price Passes Above 200 Day Moving Average – Here’s Why

Bank of Georgia Group PLC (LON:BGEO)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 4,654.29 ($60.24) and traded as high as GBX 5,660 ($73.26). Bank of Georgia Group shares last traded at GBX 5,570 ($72.09), with a volume of 51,156 shares traded.

Bank of Georgia Group Stock Down 0.5 %

The stock has a market capitalization of £2.46 billion, a price-to-earnings ratio of 1.08, a price-to-earnings-growth ratio of 0.88 and a beta of 1.05. The stock’s 50-day simple moving average is GBX 5,175.32 and its 200 day simple moving average is GBX 4,654.29.

Bank of Georgia Group (LON:BGEO) last announced its earnings results on Tuesday, February 25th. The company reported GBX 1,612.18 ($20.87) EPS for the quarter. Bank of Georgia Group had a return on equity of 38.89% and a net margin of 73.73%. As a group, equities research analysts anticipate that Bank of Georgia Group PLC will post 1221.6828479 earnings per share for the current 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.