TBC Bank Group (LON:TBCG) Shares Up 0.5% – Should You Buy?

Shares of TBC Bank Group PLC (LON:TBCG) traded up 0.5% during mid-day trading on Tuesday . The stock traded as high as GBX 3,995 and last traded at GBX 3,980. 336,397 shares traded hands during mid-day trading, a decline of 4% from the average session volume of 349,069 shares. The stock had previously closed at GBX 3,960.

TBC Bank Group Trading Up 0.5%

The stock has a 50 day simple moving average of GBX 3,959.14 and a 200-day simple moving average of GBX 4,321.87. The firm has a market capitalization of £2.20 billion, a P/E ratio of 1.64, a P/E/G ratio of 0.80 and a beta of 1.07.

TBC Bank Group Company Profile

TBC Bank Group PLC (“TBC PLC”) is a public limited company registered in England and Wales. TBC PLC is the parent company of JSC TBC Bank (“TBC Bank”) and a group of companies that principally operate in Georgia in the financial sector. TBC Bank, together with its subsidiaries, is a leading universal banking group in Georgia. TBC PLC also offers non-financial services via TNET, the largest digital ecosystem in Georgia. Since 2019, TBC PLC has expanded its operations into Uzbekistan by operating fast growing retail digital financial services in the country.