Georgia Capital (LON:CGEO) Hits New 1-Year High – Here’s Why

Georgia Capital PLC (LON:CGEO)’s share price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 1,506 ($19.41) and last traded at GBX 1,504 ($19.38), with a volume of 427351 shares. The stock had previously closed at GBX 1,472 ($18.97).

Georgia Capital Price Performance

The company’s fifty day moving average is GBX 1,244.34 and its 200-day moving average is GBX 1,118.90. The stock has a market cap of £582.06 million, a PE ratio of 3.71 and a beta of 1.18.

Georgia Capital (LON:CGEO) last released its quarterly earnings data on Monday, February 24th. The company reported GBX 274.45 ($3.54) earnings per share for the quarter. Georgia Capital had a net margin of 58.75% and a return on equity of 4.87%. Analysts expect that Georgia Capital PLC will post 260.9999942 EPS for the current year.

Insider Buying and Selling at Georgia Capital

In other news, insider Maria Chatti-Gautier acquired 3,583 shares of the business’s stock in a transaction on Friday, December 13th. The stock was bought at an average price of GBX 1,171 ($15.09) per share, with a total value of £41,956.93 ($54,068.21). 18.07% of the stock is owned by corporate insiders.

About Georgia Capital

Georgia Capital PLC (“Georgia Capital” or “the Group” or “GCAP”– LSE: CGEO LN) is a platform for buying, building and developing businesses in Georgia with holdings in sectors that are expected to benefit from the continued growth and further diversification of the Georgian economy. The Group’s focus is typically on larger-scale investment opportunities in Georgia, which have the potential to reach at least GEL 300 million equity value over 3-5 years from the initial investment and to monetise them through exits, as investments mature.