Georgia Capital (LON:CGEO) Sets New 12-Month High – Should You Buy?

Georgia Capital PLC (LON:CGEO)’s stock price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 2,520 ($33.55) and last traded at GBX 2,485 ($33.08), with a volume of 411174 shares. The stock had previously closed at GBX 2,450 ($32.62).

Georgia Capital Stock Performance

The company has a 50-day moving average price of GBX 2,371.10 and a 200-day moving average price of GBX 2,047.88. The firm has a market capitalization of £814.24 million, a price-to-earnings ratio of 0.59 and a beta of 1.18.

Georgia Capital (LON:CGEO) last released its quarterly earnings data on Wednesday, August 6th. The company reported GBX 0.08 earnings per share (EPS) for the quarter. Georgia Capital had a return on equity of 4.87% and a net margin of 58.75%. On average, research analysts expect that Georgia Capital PLC will post 260.9999942 earnings per share for the current fiscal year.

Insider Activity

In other news, insider Irakli Giluari sold 165,705 shares of the company’s stock in a transaction dated Tuesday, August 26th. The stock was sold at an average price of GBX 2,239, for a total transaction of £3,710,134.95. Over the last ninety days, insiders sold 489,080 shares of company stock worth $30,150,010,303,008. Corporate insiders own 8.75% of the company’s stock.

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.