Lion Finance Group (LON:BGEO) Stock Price Crosses Above 200 Day Moving Average – Here’s What Happened

Lion Finance Group PLC (LON:BGEO)’s stock price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GEL 9,779.81 and traded as high as GEL 10,940.00. Lion Finance Group shares last traded at GEL 10,640.00, with a volume of 48,934 shares trading hands.

Lion Finance Group Stock Down 1.8%

The company has a market cap of $459.90 billion, a P/E ratio of 2.15, a price-to-earnings-growth ratio of 0.88 and a beta of 0.82. The stock’s 50-day moving average price is GEL 10,475.13 and its 200 day moving average price is GEL 9,779.81.

Lion Finance Group (LON:BGEO) last released its quarterly earnings results on Thursday, May 7th. The company reported GEL 384.31 EPS for the quarter. Lion Finance Group had a net margin of 32.18% and a return on equity of 27.26%. The company had revenue of GEL 410.68 million for the quarter. Analysts expect that Lion Finance Group PLC will post 1221.6828479 earnings per share for the current fiscal year.

Insider Activity

In related news, insider Karine Hirn acquired 1,450 shares of the stock in a transaction dated Wednesday, February 25th. The shares were acquired at an average price of GEL 11,148.00 per share, for a total transaction of GEL 16,164,600.00. Insiders own 8.55% of the company’s stock.

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. By building on our competitive strengths, we are committed to driving business growth, sustaining high profitability, and generating strong returns, while creating opportunities for our stakeholders and making a positive contribution in the communities where we operate.