Georgia Capital (LON:CGEO) Hits New 1-Year High – Still a Buy?

Georgia Capital PLC (LON:CGEO)’s stock price hit a new 52-week high on Thursday . The stock traded as high as GBX 3,155 and last traded at GBX 3,155, with a volume of 139980 shares trading hands. The stock had previously closed at GBX 3,080.

Georgia Capital Stock Performance

The stock’s 50-day simple moving average is GBX 2,818.47 and its 200 day simple moving average is GBX 2,457.23. The company has a market capitalization of £996.63 million, a PE ratio of 0.74 and a beta of 1.18.

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

Insider Buying and Selling at Georgia Capital

In other news, insider Irakli Giluari sold 60,000 shares of the company’s stock in a transaction on Friday, December 19th. The shares were sold at an average price of GBX 3,000, for a total value of £1,800,000. Corporate 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.