Bank of Georgia Group (LON:BGEO) Share Price Crosses Above 200-Day Moving Average - Here's What Happened

Bank of Georgia Group PLC (LON:BGEO - Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 4,773.34 ($63.47) and traded as high as GBX 5,520 ($73.39). Bank of Georgia Group shares last traded at GBX 5,480 ($72.86), with a volume of 25,061 shares changing hands.

Bank of Georgia Group Price Performance

The stock has a market capitalization of £2.38 billion, a price-to-earnings ratio of 1.04, a price-to-earnings-growth ratio of 0.88 and a beta of 1.05. The stock has a 50 day moving average price of GBX 5,349.11 and a 200-day moving average price of GBX 4,810.01.

Bank of Georgia Group (LON:BGEO - Get Free Report) last announced its earnings results on Tuesday, February 25th. The company reported GBX 1,612.18 ($21.44) earnings per share (EPS) for the quarter. Bank of Georgia Group had a net margin of 73.73% and a return on equity of 38.89%. As a group, research analysts forecast that Bank of Georgia Group PLC will post 1221.6828479 earnings per share for the current year.

Bank of Georgia Group Company Profile

Lion Finance Group PLC (formerly Bank of Georgia Group PLC) is a FTSE 250 holding company whose main subsidiaries provide banking and financial services focused in the high-growth Georgian and Armenian markets through leading, customer-centric, universal banks – Bank of Georgia in Georgia and Ameriabank in Armenia.