TBC Bank Group (LON:TBCG) Hits New 1-Year High – Here’s Why

TBC Bank Group PLC (LON:TBCG)’s share price hit a new 52-week high during trading on Friday . The company traded as high as GBX 5,080 and last traded at GBX 5,040, with a volume of 4253 shares. The stock had previously closed at GBX 4,996.

TBC Bank Group Stock Performance

The stock has a fifty day moving average of GBX 4,427.56 and a 200 day moving average of GBX 4,215.84. The company has a market capitalization of £2.85 billion, a P/E ratio of 2.04, a PEG ratio of 0.80 and a beta of 0.63.

TBC Bank Group Company Profile

TBC Bank Group PLC (“TBC PLC”) is a public limited company registered in England and Wales. TBC PLC is the parent company of JSC TBC Bank (“TBC Bank”) and a group of companies that principally operate in Georgia in the financial sector. TBC Bank, together with its subsidiaries, is a leading universal banking group in Georgia. TBC PLC also offers non-financial services via TNET, the largest digital ecosystem in Georgia. Since 2019, TBC PLC has expanded its operations into Uzbekistan by operating fast growing retail digital financial services in the country.