Shares of Georgia Capital PLC (LON:CGEO – Get Free Report) reached a new 52-week high on Tuesday . The company traded as high as GBX 4,700 and last traded at GBX 4,685, with a volume of 38755 shares changing hands. The stock had previously closed at GBX 4,076.74.
Georgia Capital Stock Up 10.1%
The stock has a market capitalization of £1.39 billion, a P/E ratio of 0.99 and a beta of 0.67. The company has a 50-day moving average price of GBX 4,120.01 and a two-hundred day moving average price of GBX 3,822.69.
Insider Buying and Selling
In other news, insider Neil Janin acquired 4,136 shares of Georgia Capital stock in a transaction that occurred on Tuesday, June 16th. The stock was bought at an average price of GBX 4,107 per share, with a total value of £169,865.52. Corporate insiders own 6.45% of the company’s stock.
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.
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