Bank of Georgia Group (LON:BGEO) Shares Cross Above 200-Day Moving Average - Time to Sell?

Bank of Georgia Group PLC (LON:BGEO - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 4,332.44 ($53.31) and traded as high as GBX 4,800 ($59.06). Bank of Georgia Group shares last traded at GBX 4,615 ($56.79), with a volume of 46,874 shares.

Bank of Georgia Group Trading Down 0.7 %

The firm has a 50-day simple moving average of GBX 4,700.83 and a 200-day simple moving average of GBX 4,336.15. The firm has a market cap of £2.05 billion, a P/E ratio of 352.96, a PEG ratio of 0.88 and a beta of 1.05.

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.