Georgia Capital (LON:CGEO) Hits New 52-Week High – What’s Next?

Georgia Capital PLC (LON:CGEO)’s stock price hit a new 52-week high on Tuesday . The stock traded as high as GBX 4,700 and last traded at GBX 4,685, with a volume of 38755 shares changing hands. The stock had previously closed at GBX 4,076.74.

Georgia Capital Stock Down 1.5%

The stock’s 50 day moving average price is GBX 4,135.90 and its 200-day moving average price is GBX 3,839.24. The stock has a market capitalization of £1.32 billion, a PE ratio of 0.94 and a beta of 0.66.

Georgia Capital (LON:CGEO) last posted its quarterly earnings results on Tuesday, August 4th. The company reported GBX 668.73 EPS for the quarter. Georgia Capital had a return on equity of 39.19% and a net margin of 99.61%. On average, analysts forecast that Georgia Capital PLC will post 260.9999942 earnings per share for the current year.

Insider Activity at Georgia Capital

In related news, insider Neil Janin purchased 4,136 shares of Georgia Capital stock in a transaction on Tuesday, June 16th. The shares were bought at an average cost of GBX 4,107 per share, for a total transaction of £169,865.52. Company insiders own 6.45% 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.