Lion Finance Group (LON:BGEO) Hits New 52-Week High – Still a Buy?

Lion Finance Group PLC (LON:BGEO)’s stock price reached a new 52-week high during mid-day trading on Monday . The company traded as high as 10,480.00 and last traded at 10,449.17, with a volume of 145875 shares trading hands. The stock had previously closed at 10,250.00.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. boosted their price objective on shares of Lion Finance Group from GBX 9,200 to £107 and gave the company an “overweight” rating in a research report on Friday, December 5th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, the stock presently has a consensus rating of “Buy”.

Lion Finance Group Trading Up 7.4%

The business has a 50 day simple moving average of 9,619.73 and a 200-day simple moving average of 8,522.55. The stock has a market capitalization of $480.32 billion, a price-to-earnings ratio of 2.33, a price-to-earnings-growth ratio of 0.88 and a beta of 1.05.

Lion Finance Group (LON:BGEO) last posted its quarterly earnings data on Tuesday, December 16th. The company reported 633.69 EPS for the quarter. Lion Finance Group had a net margin of 73.73% and a return on equity of 38.89%. Research analysts predict that Lion Finance Group PLC will post 1221.6828479 EPS for the current year.

Insiders Place Their Bets

In other news, insider Archil Gachechiladze sold 80,000 shares of the business’s stock in a transaction on Thursday, December 11th. The shares were sold at an average price of 9,209.00, for a total transaction of 736,720,000.00. Also, insider Andrew McIntyre acquired 553 shares of the company’s stock in a transaction dated Tuesday, December 2nd. The shares were purchased at an average price of 9,033.00 per share, with a total value of 4,995,249.00. 8.71% of the stock is owned by company insiders.

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.