Lion Finance Group (LON:BGEO) Hits New 1-Year High – What’s Next?

Lion Finance Group PLC (LON:BGEO)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GEL 12,040.00 and last traded at GEL 12,040.00, with a volume of 107131 shares. The stock had previously closed at GEL 11,930.00.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. increased their price target on shares of Lion Finance Group from £131 to £139 and gave the company an “overweight” rating in a report on Monday, June 29th. One analyst has rated the stock with a Buy rating, According to MarketBeat, the company presently has an average rating of “Buy”.

Lion Finance Group Stock Performance

The company has a market capitalization of $517.28 billion, a price-to-earnings ratio of 2.33, a P/E/G ratio of 0.88 and a beta of 0.77. The company has a fifty day simple moving average of GEL 11,243.26 and a two-hundred day simple moving average of GEL 10,664.48.

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

About Lion Finance Group

Lion Finance Group PLC (formerly Bank of Georgia Group PLC) is a FTSE 100 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.