Bank of Georgia Group (LON:BGEO) Share Price Crosses Above 200 Day Moving Average – Time to Sell?

Bank of Georgia Group PLC (LON:BGEO)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 4,553.24 ($59.05) and traded as high as GBX 5,460 ($70.81). Bank of Georgia Group shares last traded at GBX 5,340 ($69.25), with a volume of 64,933 shares.

Bank of Georgia Group Stock Performance

The firm has a market capitalization of £2.36 billion, a PE ratio of 1.03, a price-to-earnings-growth ratio of 0.88 and a beta of 1.05. The business’s 50 day moving average is GBX 4,925.02 and its two-hundred day moving average is GBX 4,553.24.

Bank of Georgia Group (LON:BGEO) last announced its quarterly earnings results on Tuesday, February 25th. The company reported GBX 1,612.18 ($20.91) earnings per share for the quarter. Bank of Georgia Group had a net margin of 73.73% and a return on equity of 38.89%. As a group, equities research analysts predict that Bank of Georgia Group PLC will post 1221.6828479 EPS for the current year.

About Bank of Georgia Group

Lion Finance Group PLC (formerly Bank of Georgia Group PLC) is a FTSE 250 holding company whose main 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.