TBC Bank Group (LON:TBCG) Stock Price Passes Above 50 Day Moving Average – What’s Next?

TBC Bank Group PLC (LON:TBCGGet Free Report) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 4,028 ($51.94) and traded as high as GBX 4,055 ($52.29). TBC Bank Group shares last traded at GBX 3,662.72 ($47.23), with a volume of 5,547,741 shares trading hands.

TBC Bank Group Stock Down 9.2 %

The business’s 50 day moving average is GBX 4,028 and its 200-day moving average is GBX 3,330.91. The firm has a market cap of £2.08 billion, a P/E ratio of 1.67, a price-to-earnings-growth ratio of 0.80 and a beta of 1.07.

About TBC Bank Group

(Get Free Report)

TBC Bank Group PLC (“TBC PLC”) is a public limited company registered in England and Wales. TBC PLC is the parent company of JSC TBC Bank (“TBC Bank”) and a group of companies that principally operate in Georgia in the financial sector. TBC Bank, together with its subsidiaries, is a leading universal banking group in Georgia.

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