Lion Finance Group (LON:BGEO) Sets New 1-Year High – What’s Next?

Lion Finance Group PLC (LON:BGEO)’s stock price reached a new 52-week high during trading on Tuesday . The stock traded as high as GEL 12,040.00 and last traded at GEL 12,040.00, with a volume of 107131 shares changing hands. The stock had previously closed at GEL 11,930.00.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. boosted their target price on shares of Lion Finance Group from £131 to £139 and gave the stock an “overweight” rating in a report on Monday, June 29th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Lion Finance Group currently has a consensus rating of “Buy”.

Lion Finance Group Trading Up 0.6%

The firm has a market capitalization of $517.28 billion, a price-to-earnings ratio of 2.33, a PEG ratio of 0.88 and a beta of 0.77. The business’s fifty day moving average price is GEL 11,243.26 and its 200 day moving average price is GEL 10,664.48.

Lion Finance Group (LON:BGEO) last announced its earnings results on Thursday, May 7th. The company reported GEL 384.31 EPS for the quarter. Lion Finance Group had a net margin of 32.18% and a return on equity of 27.26%. The business had revenue of GEL 410.68 million during the quarter. As a group, sell-side analysts forecast that Lion Finance Group PLC will post 1221.6828479 earnings per share for the current fiscal year.

About Lion Finance Group

Lion Finance Group PLC (formerly Bank of Georgia Group PLC) is a FTSE 100 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.