Bank of Georgia Group (LON:BGEO) Stock Price Passes Above 200 Day Moving Average – Time to Sell?

Bank of Georgia Group PLC (LON:BGEO)’s share price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 4,773.34 ($63.17) and traded as high as GBX 5,520 ($73.05). Bank of Georgia Group shares last traded at GBX 5,480 ($72.53), with a volume of 25,061 shares changing hands.

Bank of Georgia Group Price Performance

The company has a 50 day simple moving average of GBX 5,318.76 and a 200-day simple moving average of GBX 4,773.34. The firm has a market cap of £2.42 billion, a PE ratio of 1.06, a price-to-earnings-growth ratio of 0.88 and a beta of 1.05.

Bank of Georgia Group (LON:BGEO) last announced its quarterly earnings results on Tuesday, February 25th. The company reported GBX 1,612.18 ($21.34) 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%. On average, sell-side analysts predict 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.