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

Georgia Capital PLC (LON:CGEO)’s share price reached a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 3,025 and last traded at GBX 3,025, with a volume of 7068 shares trading hands. The stock had previously closed at GBX 2,996.13.

Georgia Capital Stock Performance

The company’s 50-day moving average price is GBX 2,596.92 and its 200 day moving average price is GBX 2,310.53. The stock has a market cap of £961.62 million, a PE ratio of 0.71 and a beta of 1.18.

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.