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

Bank of Georgia Group PLC (LON:BGEO)’s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 4,974.32 ($66.42) and traded as high as GBX 6,325 ($84.46). Bank of Georgia Group shares last traded at GBX 6,325 ($84.46), with a volume of 59,958 shares traded.

Bank of Georgia Group Stock Down 1.1 %

The firm’s 50-day simple moving average is GBX 5,489.13 and its 200-day simple moving average is GBX 4,974.32. The firm has a market capitalization of £2.76 billion, a PE ratio of 1.21, a price-to-earnings-growth ratio of 0.88 and a beta of 1.05.

Bank of Georgia Group (LON:BGEO) last posted its quarterly earnings results on Tuesday, February 25th. The company reported GBX 1,612.18 ($21.53) earnings per share (EPS) for the quarter. Bank of Georgia Group had a return on equity of 38.89% and a net margin of 73.73%. On average, equities research analysts forecast 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.