Lion Finance Group (LON:BGEO) Issues Earnings Results

Lion Finance Group (LON:BGEO) issued its quarterly earnings data on Wednesday. The company reported GEL 1,379.33 EPS for the quarter, Digital Look Earnings reports. Lion Finance Group had a return on equity of 27.77% and a net margin of 32.44%.

Lion Finance Group Price Performance

BGEO opened at GEL 9,715.00 on Wednesday. Lion Finance Group has a fifty-two week low of GEL 4,454.41 and a fifty-two week high of GEL 12,040.00. The firm has a market capitalization of $421.30 billion, a P/E ratio of 1.96, a PEG ratio of 0.88 and a beta of 0.56. The company’s 50-day moving average is GEL 10,088.83 and its 200 day moving average is GEL 8,923.30.

Insider Transactions at Lion Finance Group

In other news, insider Karine Hirn acquired 1,450 shares of Lion Finance Group stock in a transaction on Wednesday, February 25th. The stock was acquired at an average cost of GEL 11,148.00 per share, with a total value of GEL 16,164,600.00. Insiders own 8.55% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. lifted their target price on 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 analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Lion Finance Group currently has a consensus rating of “Buy”.

About Lion Finance Group

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.