Georgia Capital (LON:CGEO) Sets New 12-Month High – What’s Next?

Georgia Capital PLC (LON:CGEO)’s share price reached a new 52-week high during trading on Tuesday . The company traded as high as GBX 3,380 and last traded at GBX 3,375, with a volume of 47164 shares traded. The stock had previously closed at GBX 3,265.

Georgia Capital Stock Performance

The stock has a fifty day moving average price of GBX 2,990.49 and a 200-day moving average price of GBX 2,576.48. The firm has a market cap of £1.07 billion, a PE ratio of 0.79 and a beta of 1.18.

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

Insiders Place Their Bets

In related news, insider Irakli Giluari sold 60,000 shares of the stock in a transaction on Friday, December 19th. The stock was sold at an average price of GBX 3,000, for a total value of £1,800,000. Company insiders own 8.90% 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.