Lion Finance Group (LON:BGEO) Sets New 12-Month High – Here’s Why

Lion Finance Group PLC (LON:BGEO)’s share price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as GEL 13,760.00 and last traded at GEL 13,760.00, with a volume of 33489 shares. The stock had previously closed at GEL 13,700.00.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. raised their target price on shares of Lion Finance Group from £139 to £141 and gave the company an “overweight” rating in a report on Wednesday, August 12th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy”.

Lion Finance Group Stock Up 0.4%

The firm has a 50 day simple moving average of GEL 12,558.13 and a two-hundred day simple moving average of GEL 11,374.21. The stock has a market capitalization of $592.51 billion, a P/E ratio of 2.55, a PEG ratio of 0.88 and a beta of 0.77.

Lion Finance Group (LON:BGEO) last issued 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 return on equity of 27.08% and a net margin of 35.77%. On average, research analysts predict that Lion Finance Group PLC will post 1221.6828479 earnings per share 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.