Bank of Georgia Group (LON:BGEO) Stock Passes Above 200 Day Moving Average - Here's Why

Bank of Georgia Group PLC (LON:BGEO - Get Free Report) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 4,396.12 ($55.33) and traded as high as GBX 4,990 ($62.81). Bank of Georgia Group shares last traded at GBX 4,980 ($62.68), with a volume of 49,885 shares.

Bank of Georgia Group Stock Performance

The stock has a 50 day moving average price of GBX 4,683.82 and a two-hundred day moving average price of GBX 4,413.10. The company has a market capitalization of £2.30 billion, a PE ratio of 1.01, a P/E/G ratio of 0.88 and a beta of 1.05.

Bank of Georgia Group (LON:BGEO - Get Free Report) last posted its quarterly earnings results on Tuesday, November 12th. The company reported GBX 319.95 ($4.03) earnings per share for the quarter. Bank of Georgia Group had a return on equity of 38.89% and a net margin of 73.73%. Sell-side analysts predict that Bank of Georgia Group PLC will post 1221.6828479 earnings per share for the current year.

About Bank of Georgia Group

Bank of Georgia Group PLC is a FTSE 250 holding company whose 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. 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.