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

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

Georgia Capital Price Performance

The firm has a 50-day moving average of GBX 3,205.32 and a 200-day moving average of GBX 2,731.42. The stock has a market cap of £1.07 billion, a PE ratio of 0.80 and a beta of 1.18.

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

Insider Buying and Selling at Georgia Capital

In related news, insider Irakli Giluari sold 75,000 shares of the company’s stock in a transaction on Wednesday, December 17th. The shares were sold at an average price of GBX 2,997, for a total transaction of £2,247,750. Corporate 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.