Lion Finance Group (LON:BGEO) Reaches New 52-Week High – Should You Buy?

Lion Finance Group PLC (LON:BGEO) hit a new 52-week high on Monday . The stock traded as high as GEL 12,580.00 and last traded at GEL 12,500.00, with a volume of 128448 shares. The stock had previously closed at GEL 12,361.15.

Analyst Ratings Changes

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

Lion Finance Group Price Performance

The company has a market cap of $553.57 billion, a PE ratio of 2.50, a P/E/G ratio of 0.88 and a beta of 0.76. The firm has a 50-day simple moving average of GEL 11,398.09 and a two-hundred day simple moving average of GEL 10,780.34.

Lion Finance Group (LON:BGEO) last released its quarterly earnings results on Tuesday, August 11th. The company reported GEL 778.58 earnings per share (EPS) for the quarter. Lion Finance Group had a net margin of 32.18% and a return on equity of 27.26%. Equities research analysts forecast 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.