Lion Finance Group (LON:BGEO) Hits New 52-Week High – Time to Buy?

Lion Finance Group PLC (LON:BGEO)’s stock price hit a new 52-week high during trading on Tuesday . The stock traded as high as 8,965.00 and last traded at 8,965.00, with a volume of 18351 shares trading hands. The stock had previously closed at 8,960.00.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. began coverage on Lion Finance Group in a report on Tuesday, October 7th. They set an “overweight” rating and a GBX 9,200 price target on the stock. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company has a consensus rating of “Buy”.

Lion Finance Group Stock Up 1.5%

The firm has a market capitalization of $396.45 billion, a P/E ratio of 1.96, a PEG ratio of 0.88 and a beta of 1.05. The business’s 50 day moving average is 7,877.43 and its two-hundred day moving average is 7,427.27.

Lion Finance Group (LON:BGEO) last released its earnings results on Thursday, November 20th. The company reported 350.53 EPS for the quarter. Lion Finance Group had a net margin of 73.73% and a return on equity of 38.89%. As a group, equities analysts anticipate that Lion Finance Group PLC will post 1221.6828479 earnings per share for the current fiscal year.

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.