Georgia Capital (LON:CGEO) Hits New 12-Month High – Time to Buy?

Georgia Capital PLC (LON:CGEO)’s stock price hit a new 52-week high during trading on Monday . The stock traded as high as GBX 3,075 and last traded at GBX 3,075, with a volume of 23671 shares traded. The stock had previously closed at GBX 3,020.

Georgia Capital Stock Up 2.3%

The business has a fifty day simple moving average of GBX 2,662.97 and a 200 day simple moving average of GBX 2,350.99. The company has a market cap of £982.28 million, a price-to-earnings ratio of 0.72 and a beta of 1.18.

Georgia Capital (LON:CGEO) last released its quarterly earnings data on Tuesday, December 16th. The company reported GBX 274.45 earnings per share for the quarter. Georgia Capital had a return on equity of 4.87% and a net margin of 58.75%. Equities analysts anticipate that Georgia Capital PLC will post 260.9999942 EPS for the current fiscal year.

Insider Activity at Georgia Capital

In related news, insider Irakli Giluari sold 60,000 shares of the firm’s stock in a transaction that occurred on Friday, December 19th. The shares were sold at an average price of GBX 3,000, for a total transaction of £1,800,000. 8.90% of the stock is currently owned by company 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.