Lion Finance Group (LON:BGEO) Announces Quarterly Earnings Results

Lion Finance Group (LON:BGEO) issued its quarterly earnings data on Wednesday. The company reported GEL 1,379.33 earnings per share (EPS) for the quarter, reports. Lion Finance Group had a return on equity of 27.77% and a net margin of 32.44%.

Lion Finance Group Trading Down 3.2%

Shares of LON BGEO opened at GEL 9,370.00 on Thursday. The firm has a market capitalization of $406.34 billion, a PE ratio of 1.89, a price-to-earnings-growth ratio of 0.88 and a beta of 0.56. The firm’s 50-day moving average is GEL 10,091.13 and its 200-day moving average is GEL 8,928.59. Lion Finance Group has a 1 year low of GEL 4,454.41 and a 1 year high of GEL 12,040.00.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. raised their target price on Lion Finance Group from GBX 9,200 to £107 and gave the company an “overweight” rating in a research note on Friday, December 5th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock has an average rating of “Buy”.

Insider Transactions at Lion Finance Group

In other Lion Finance Group news, insider Karine Hirn acquired 1,450 shares of Lion Finance Group stock in a transaction on Wednesday, February 25th. The shares were purchased at an average cost of GEL 11,148.00 per share, with a total value of GEL 16,164,600.00. Insiders own 8.55% of the company’s stock.

Lion Finance Group Company Profile

Lion Finance Group PLC (formerly Bank of Georgia Group PLC) is a FTSE 250 holding company whose main subsidiaries provide banking and financial services in the high-growth Georgian and Armenian markets through leading, customer-centric, universal banks – Bank of Georgia in Georgia and Ameriabank in Armenia. By building on our competitive strengths, we are committed to driving business growth, sustaining high profitability, and generating strong returns, while creating opportunities for our stakeholders and making a positive contribution in the communities where we operate.