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Bank of Georgia Group (LON:BGEO) Stock Price Crosses Above Two Hundred Day Moving Average - Here's Why

Bank of Georgia Group logo with Financial Services background

Bank of Georgia Group PLC (LON:BGEO - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 4,201.37 ($54.69) and traded as high as GBX 4,376.37 ($56.97). Bank of Georgia Group shares last traded at GBX 4,370 ($56.89), with a volume of 51,247 shares traded.

Bank of Georgia Group Price Performance

The stock has a market capitalization of £2.06 billion, a price-to-earnings ratio of 355.27, a PEG ratio of 0.88 and a beta of 1.05. The firm's fifty day moving average is GBX 4,037.10 and its 200-day moving average is GBX 4,204.26.

Insider Transactions at Bank of Georgia Group

In other news, insider Andrew McIntyre acquired 460 shares of the business's stock in a transaction that occurred on Tuesday, August 27th. The shares were purchased at an average cost of GBX 4,410 ($57.41) per share, for a total transaction of £20,286 ($26,407.19). Insiders own 25.89% of the company's stock.

About Bank of Georgia Group

(Get Free Report)

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.

Further Reading

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