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

Bank of Georgia Group PLC (LON:BGEO)’s stock price passed 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 trading hands.

Bank of Georgia Group Stock Down 0.5 %

The company’s fifty day simple moving average is GBX 5,175.32 and its 200 day simple moving average is GBX 4,658.17. The stock has a market capitalization of £2.46 billion, a price-to-earnings ratio of 1.08, a P/E/G 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 ($20.87) 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, analysts anticipate that Bank of Georgia Group PLC will post 1221.6828479 earnings per share for the current year.

About Bank of Georgia Group

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.