Bank of Georgia Group (LON:BGEO) Share Price Passes Above Two Hundred 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 Monday . The stock has a 200-day moving average of GBX 4,264.06 ($53.45) and traded as high as GBX 4,700 ($58.92). Bank of Georgia Group shares last traded at GBX 4,610 ($57.79), with a volume of 40,197 shares changing hands.

Bank of Georgia Group Trading Up 2.0 %

The business's 50-day simple moving average is GBX 4,537.40 and its 200-day simple moving average is GBX 4,264.06. The company has a market capitalization of £2.10 billion, a PE ratio of 361.82, a price-to-earnings-growth ratio of 0.88 and a beta of 1.05.

Bank of Georgia Group Company Profile

Bank of Georgia Group PLC, through its subsidiaries, provides banking and financial services with focus on the Georgian and Armenian markets. It operates through Retail Banking, SME Banking, Corporate Investment Banking, and BNB segments. The Retail Banking segment offers consumer loans, mortgage loans, overdrafts, credit cards, and other credit facilities; funds transfer and settlement services; and handles customers' deposits for individuals and legal entities.