Bank of Georgia Group (LON:BGEO) Shares Pass Above 200 Day Moving Average – Here’s What Happened

Bank of Georgia Group PLC (LON:BGEO)’s stock price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 4,396.12 ($54.74) and traded as high as GBX 4,990 ($62.13). Bank of Georgia Group shares last traded at GBX 4,980 ($62.01), with a volume of 49,885 shares.

Bank of Georgia Group Stock Up 1.9 %

The stock has a market capitalization of £2.23 billion, a P/E ratio of 383.37, a PEG ratio of 0.88 and a beta of 1.05. The firm’s 50-day simple moving average is GBX 4,643.74 and its 200 day simple moving average is GBX 4,396.12.

Bank of Georgia Group (LON:BGEO) last released its earnings results on Tuesday, November 12th. The company reported GBX 319.95 ($3.98) EPS for the quarter. Bank of Georgia Group had a net margin of 77.88% and a return on equity of 40.31%. As a group, equities analysts anticipate 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.