Georgia Capital (LON:CGEO) Sets New 52-Week High – What’s Next?

Shares of Georgia Capital PLC (LON:CGEO) reached a new 52-week high on Wednesday . The company traded as high as GBX 3,527.50 and last traded at GBX 3,450, with a volume of 78348 shares trading hands. The stock had previously closed at GBX 3,375.

Georgia Capital Stock Up 3.5%

The company’s 50 day moving average price is GBX 3,221.31 and its two-hundred day moving average price is GBX 2,753.87. The firm has a market cap of £1.12 billion, a PE ratio of 0.84 and a beta of 1.18.

Georgia Capital (LON:CGEO) last released its quarterly earnings results on Tuesday, February 24th. The company reported GBX 1,560.54 EPS for the quarter. Georgia Capital had a net margin of 58.75% and a return on equity of 4.87%. On average, analysts expect that Georgia Capital PLC will post 260.9999942 earnings per share for the current fiscal year.

Insider Activity

In other news, insider Irakli Giluari sold 75,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of GBX 2,997, for a total transaction of £2,247,750. 8.57% of the stock is owned by company insiders.

About Georgia Capital

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.