TBC Bank Group (OTCMKTS:TBCCF) Trading 13.9% Higher – Still a Buy?

TBC Bank Group PLC (OTCMKTS:TBCCFGet Free Report) shares traded up 13.9% during trading on Thursday . The stock traded as high as $69.02 and last traded at $63.94. 6,426 shares changed hands during mid-day trading, an increase of 587% from the average session volume of 936 shares. The stock had previously closed at $56.12.

TBC Bank Group Price Performance

The firm has a 50-day moving average of $59.21 and a 200 day moving average of $57.14.

About TBC Bank Group

(Get Free Report)

TBC Bank Group PLC is a leading banking and financial services organization headquartered in Tbilisi, Georgia. Established in the mid-1990s as a local commercial bank, the group has grown through organic expansion and strategic acquisitions to become one of the largest financial institutions in the South Caucasus region. In 2014, TBC Bank Group PLC completed a successful initial public offering on the London Stock Exchange, broadening its investor base while retaining a principal listing on the Georgian Stock Exchange and an over-the-counter presence in the United States under the symbol TBCCF.

The group provides a comprehensive suite of retail, corporate and investment banking services.

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