Bank of Georgia Group (LON:BGEO) Share Price Passes Above 200 Day Moving Average - Should You Sell?

Shares of Bank of Georgia Group PLC (LON:BGEO - Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 4,184.89 ($53.85) and traded as high as GBX 4,935 ($63.51). Bank of Georgia Group shares last traded at GBX 4,830 ($62.15), with a volume of 69,630 shares traded.

Bank of Georgia Group Stock Up 2.0 %

The company's 50-day moving average is GBX 4,060.40 and its two-hundred day moving average is GBX 4,189.40. The company has a market capitalization of £2.20 billion, a P/E ratio of 377.98, a PEG ratio of 0.88 and a beta of 1.05.

Insiders Place Their Bets

In related news, insider Andrew McIntyre acquired 460 shares of the company's stock in a transaction dated Tuesday, August 27th. The stock was purchased at an average price of GBX 4,410 ($56.75) per share, with a total value of £20,286 ($26,104.75). 25.89% of the stock is owned by insiders.

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.