TBC Bank Group (LON:TBCG) Reaches New 52-Week High – What’s Next?

TBC Bank Group PLC (LON:TBCGGet Free Report)’s share price hit a new 52-week high during trading on Monday . The stock traded as high as GBX 3,601.85 ($44.85) and last traded at GBX 3,595.63 ($44.77), with a volume of 158470 shares changing hands. The stock had previously closed at GBX 3,540 ($44.08).

TBC Bank Group Stock Up 11.4 %

The business has a 50 day moving average price of GBX 3,169.39 and a two-hundred day moving average price of GBX 2,991.63. The stock has a market cap of £2.27 billion, a P/E ratio of 676.81, a price-to-earnings-growth ratio of 0.80 and a beta of 1.07.

Insider Activity at TBC Bank Group

In other news, insider Nino (Venera) Suknidze sold 4,894 shares of the firm’s stock in a transaction that occurred on Wednesday, November 20th. The stock was sold at an average price of GBX 3,250 ($40.47), for a total value of £159,055 ($198,051.30). 23.77% of the stock is currently owned by insiders.

About TBC Bank Group

(Get Free Report)

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.

Further Reading

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