Georgia Capital (LON:CGEO) Announces Earnings Results

Georgia Capital (LON:CGEO) announced its earnings results on Tuesday. The company reported GBX 668.73 earnings per share for the quarter, Digital Look Earnings reports. Georgia Capital had a net margin of 99.61% and a return on equity of 39.19%.

Georgia Capital Stock Performance

CGEO stock traded up GBX 403.26 on Tuesday, hitting GBX 4,480. 106,598 shares of the company’s stock were exchanged, compared to its average volume of 268,303. Georgia Capital has a 12-month low of GBX 2,190 and a 12-month high of GBX 4,700. The stock has a market cap of £1.38 billion, a P/E ratio of 0.99 and a beta of 0.67. The firm has a 50 day moving average price of GBX 4,120.01 and a two-hundred day moving average price of GBX 3,822.69.

Insider Transactions at Georgia Capital

In related news, insider Neil Janin purchased 4,136 shares of the firm’s stock in a transaction on Tuesday, June 16th. The stock was acquired at an average price of GBX 4,107 per share, with a total value of £169,865.52. Insiders own 6.45% of the company’s stock.

Georgia Capital Company Profile

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.