Georgia Capital (LON:CGEO) Sets New 12-Month High – Still a Buy?

Shares of Georgia Capital PLC (LON:CGEO) hit a new 52-week high during trading on Wednesday . The stock traded as high as GBX 3,527.50 and last traded at GBX 3,450, with a volume of 78348 shares. The stock had previously closed at GBX 3,375.

Georgia Capital Stock Down 0.3%

The company has a market cap of £1.18 billion, a price-to-earnings ratio of 0.88 and a beta of 1.18. The company’s fifty day moving average price is GBX 3,245.35 and its two-hundred day moving average price is GBX 2,765.91.

Georgia Capital (LON:CGEO) last issued its quarterly earnings data on Tuesday, February 24th. The company reported GBX 1,560.54 EPS for the quarter. Georgia Capital had a net margin of 58.75% and a return on equity of 4.87%. On average, equities research analysts predict that Georgia Capital PLC will post 260.9999942 earnings per share for the current fiscal year.

Insider Activity at Georgia Capital

In other news, insider Irakli Giluari sold 60,000 shares of the company’s stock in a transaction dated Friday, December 19th. The stock was sold at an average price of GBX 3,000, for a total transaction of £1,800,000. 8.57% of the stock is currently owned by company insiders.

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.