Georgia Capital (LON:CGEO) Reaches New 12-Month High – Should You Buy?

Georgia Capital PLC (LON:CGEO) shares hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 3,120 and last traded at GBX 3,105, with a volume of 42461 shares trading hands. The stock had previously closed at GBX 3,080.

Georgia Capital Trading Up 1.0%

The business’s 50-day simple moving average is GBX 2,738.57 and its 200-day simple moving average is GBX 2,400.45. The company has a market cap of £988.64 million, a PE ratio of 0.73 and a beta of 1.18.

Georgia Capital (LON:CGEO) last announced its quarterly earnings results on Tuesday, December 16th. The company reported GBX 274.45 EPS for the quarter. Georgia Capital had a return on equity of 4.87% and a net margin of 58.75%. On average, research analysts predict that Georgia Capital PLC will post 260.9999942 earnings per share for the current fiscal year.

Insider Activity at Georgia Capital

In other news, insider Irakli Giluari sold 75,000 shares of Georgia Capital stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of GBX 2,997, for a total value of £2,247,750. Insiders own 8.90% of the company’s stock.

Georgia Capital Company Profile

Georgia Capital PLC (“Georgia Capital” or “the Group” or “GCAP”– LSE: CGEO LN) is a platform for buying, building and developing businesses in Georgia with holdings in sectors that are expected to benefit from the continued growth and further diversification of the Georgian economy. The Group’s focus is typically on larger-scale investment opportunities in Georgia, which have the potential to reach at least GEL 300 million equity value over 3-5 years from the initial investment and to monetise them through exits, as investments mature.