Lion Finance Group (LON:BGEO) Sets New 52-Week High – Should You Buy?

Shares of Lion Finance Group PLC (LON:BGEO) reached a new 52-week high on Wednesday . The company traded as high as 9,530.00 and last traded at 9,513.02, with a volume of 49194 shares changing hands. The stock had previously closed at 9,350.00.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. increased 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 equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has a consensus rating of “Buy”.

Lion Finance Group Trading Up 1.5%

The firm has a market capitalization of $412.40 billion, a P/E ratio of 2.00, a price-to-earnings-growth ratio of 0.88 and a beta of 1.05. The firm has a 50 day moving average price of 8,822.20 and a 200-day moving average price of 7,980.67.

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

Insiders Place Their Bets

In related news, insider Archil Gachechiladze sold 80,000 shares of Lion Finance Group stock in a transaction dated 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 purchased 553 shares of the business’s stock in a transaction that occurred on Tuesday, December 2nd. The shares were purchased at an average price of 9,033.00 per share, for a total transaction of 4,995,249.00. Insiders own 8.71% of the company’s stock.

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.