Bank of Georgia Group (LON:BGEO) Sets New 12-Month High – What’s Next?

Bank of Georgia Group PLC (LON:BGEO)’s stock price reached a new 52-week high on Tuesday . The stock traded as high as GBX 5,930 ($74.84) and last traded at GBX 5,740 ($72.44), with a volume of 298988 shares trading hands. The stock had previously closed at GBX 5,310 ($67.01).

Bank of Georgia Group Stock Up 10.0 %

The firm has a 50 day moving average of GBX 4,750.02 and a two-hundred day moving average of GBX 4,451.38. The firm has a market capitalization of £2.58 billion, a price-to-earnings ratio of 1.13, a price-to-earnings-growth ratio of 0.88 and a beta of 1.05.

Bank of Georgia Group (LON:BGEO) last issued its quarterly earnings results on Tuesday, February 25th. The company reported GBX 1,612.18 ($20.35) earnings per share (EPS) for the quarter. Bank of Georgia Group had a return on equity of 38.89% and a net margin of 73.73%. Sell-side analysts forecast that Bank of Georgia Group PLC will post 1221.6828479 EPS for the current fiscal year.

About Bank of Georgia Group

Bank of Georgia Group PLC is a FTSE 250 holding company whose subsidiaries provide banking and financial services focused in the high-growth Georgian and Armenian markets through leading, customer-centric, universal banks – Bank of Georgia in Georgia and Ameriabank in Armenia. By building on our competitive strengths, we are committed to driving business growth, sustaining high profitability, and generating strong returns, while creating opportunities for our stakeholders and making a positive contribution in the communities where we operate.