Bank of Georgia Group (LON:BGEO) Share Price Crosses Above 200-Day Moving Average – What’s Next?

Bank of Georgia Group PLC (LON:BGEO) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 4,840.09 ($64.23) and traded as high as GBX 5,783.51 ($76.76). Bank of Georgia Group shares last traded at GBX 5,670 ($75.25), with a volume of 112,272 shares.

Bank of Georgia Group Price Performance

The company has a 50 day moving average of GBX 5,370.83 and a 200-day moving average of GBX 4,840.09. The company has a market capitalization of £2.50 billion, a P/E ratio of 1.10, a PEG ratio of 0.88 and a beta of 1.05.

Bank of Georgia Group (LON:BGEO) last issued its quarterly earnings data on Tuesday, February 25th. The company reported GBX 1,612.18 ($21.40) earnings per share for the quarter. Bank of Georgia Group had a return on equity of 38.89% and a net margin of 73.73%. Research analysts predict that Bank of Georgia Group PLC will post 1221.6828479 EPS for the current fiscal 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.