Georgia Capital (LON:CGEO) Sets New 1-Year High – Time to Buy?

Georgia Capital PLC (LON:CGEO)’s share price hit a new 52-week high on Thursday . The stock traded as high as GBX 3,475 and last traded at GBX 3,410, with a volume of 12998 shares. The stock had previously closed at GBX 3,440.

Georgia Capital Price Performance

The stock has a 50 day simple moving average of GBX 3,188.64 and a two-hundred day simple moving average of GBX 2,718.42. The company has a market cap of £1.07 billion, a price-to-earnings ratio of 0.80 and a beta of 1.18.

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

Insider Transactions at Georgia Capital

In other Georgia Capital news, insider Irakli Giluari sold 75,000 shares of the company’s stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of GBX 2,997, for a total transaction of £2,247,750. Insiders own 8.57% of the company’s stock.

About Georgia Capital

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.