TBC Bank Group (LON:TBCG) Share Price Passes Above 50-Day Moving Average – Time to Sell?

TBC Bank Group PLC (LON:TBCG)’s stock price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 4,662.11 and traded as high as GBX 4,932. TBC Bank Group shares last traded at GBX 4,932, with a volume of 39,288 shares trading hands.

TBC Bank Group Price Performance

The company has a market cap of £2.72 billion, a PE ratio of 1.91, a P/E/G ratio of 0.80 and a beta of 0.65. The business’s 50 day moving average is GBX 4,662.11 and its 200-day moving average is GBX 4,542.22.

TBC Bank Group (LON:TBCG) last announced its quarterly earnings data on Friday, August 7th. The company reported GBX 382.48 EPS for the quarter. TBC Bank Group had a net margin of 27.73% and a return on equity of 23.55%. As a group, sell-side analysts predict that TBC Bank Group PLC will post 7.6050761 EPS for the current fiscal year.

TBC Bank Group Company Profile

TBC Bank Group PLC (“TBC PLC”) is a public limited company registered in England and Wales. TBC PLC is the parent company of JSC TBC Bank (“TBC Bank”) and a group of companies that principally operate in Georgia in the financial sector. TBC Bank, together with its subsidiaries, is a leading universal banking group in Georgia. TBC PLC also offers non-financial services via TNET, the largest digital ecosystem in Georgia. Since 2019, TBC PLC has expanded its operations into Uzbekistan by operating fast growing retail digital financial services in the country.