Georgia Capital (LON:CGEO) Sets New 12-Month High – Time to Buy?

Georgia Capital PLC (LON:CGEO)’s stock price hit a new 52-week high during trading on Wednesday . The company traded as high as GBX 3,527.50 and last traded at GBX 3,450, with a volume of 78348 shares. The stock had previously closed at GBX 3,375.

Georgia Capital Trading Up 3.5%

The firm’s 50-day moving average price is GBX 3,221.31 and its 200-day moving average price is GBX 2,753.87. The stock has a market capitalization of £1.12 billion, a PE ratio of 0.84 and a beta of 1.18.

Georgia Capital (LON:CGEO) last released its quarterly earnings results on Tuesday, February 24th. The company reported GBX 1,560.54 EPS for the quarter. Georgia Capital had a return on equity of 4.87% and a net margin of 58.75%. On average, equities 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 that occurred on Wednesday, December 17th. The stock was sold at an average price of GBX 2,997, for a total value of £2,247,750. Company 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.