Georgia Capital (LON:CGEO) Stock Price Down 2.6% – Time to Sell?

Shares of Georgia Capital PLC (LON:CGEO) dropped 2.6% during trading on Thursday . The stock traded as low as GBX 1,506 ($19.73) and last traded at GBX 1,528 ($20.02). Approximately 63,307 shares changed hands during trading, a decline of 57% from the average daily volume of 148,114 shares. The stock had previously closed at GBX 1,568 ($20.55).

Georgia Capital Trading Down 2.6 %

The company has a market cap of £592.13 million, a PE ratio of 3.77 and a beta of 1.18. The business’s 50 day moving average is GBX 1,384.91 and its two-hundred day moving average is GBX 1,192.95.

Georgia Capital (LON:CGEO) last announced its quarterly earnings data on Monday, February 24th. The company reported GBX 274.45 ($3.60) EPS for the quarter. Georgia Capital had a return on equity of 4.87% and a net margin of 58.75%. As a group, equities research analysts predict that Georgia Capital PLC will post 260.9999942 EPS for the current fiscal year.

Insider Buying and Selling

In other Georgia Capital news, insider Neil Janin sold 4,371 shares of Georgia Capital stock in a transaction on Wednesday, March 12th. The shares were sold at an average price of GBX 1,450 ($19.00), for a total value of £63,379.50 ($83,044.42). In the last three months, insiders have sold 142,773 shares of company stock valued at $212,544,930. Corporate insiders own 18.07% of the company’s stock.

Georgia Capital Company Profile

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.