Georgia Capital (LON:CGEO) Hits New 1-Year High – Here’s What Happened

Georgia Capital PLC (LON:CGEOGet Free Report)’s share price reached a new 52-week high during trading on Thursday . The stock traded as high as GBX 4,340 and last traded at GBX 4,340, with a volume of 8309 shares. The stock had previously closed at GBX 4,295.

Georgia Capital Stock Performance

The business’s 50-day moving average is GBX 4,029.73 and its two-hundred day moving average is GBX 3,643.38. The stock has a market capitalization of £1.35 billion, a PE ratio of 0.96 and a beta of 0.64.

Insider Activity at Georgia Capital

In other news, insider Neil Janin bought 4,136 shares of Georgia Capital stock in a transaction dated Tuesday, June 16th. The stock was bought at an average price of GBX 4,107 per share, for a total transaction of £169,865.52. Company insiders own 6.39% of the company’s stock.

About Georgia Capital

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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.

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