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

Bank of Georgia Group logo with Financial Services background
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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 4,512.17 ($58.32) and traded as high as GBX 5,300 ($68.50). Bank of Georgia Group shares last traded at GBX 5,130 ($66.30), with a volume of 125,503 shares traded.

Bank of Georgia Group Price Performance

The stock has a 50 day moving average price of GBX 4,891.12 and a 200-day moving average price of GBX 4,532.10. The stock has a market capitalization of £2.40 billion, a price-to-earnings ratio of 1.05, a price-to-earnings-growth ratio of 0.88 and a beta of 1.05.

Bank of Georgia Group (LON:BGEO - Get Free Report) last issued its quarterly earnings results on Tuesday, February 25th. The company reported GBX 1,612.18 ($20.84) earnings per share (EPS) for the quarter. Bank of Georgia Group had a return on equity of 38.89% and a net margin of 73.73%. As a group, research analysts forecast that Bank of Georgia Group PLC will post 1221.6828479 earnings per share for the current year.

Bank of Georgia Group Company Profile

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Lion Finance Group PLC (formerly Bank of Georgia Group PLC) is a FTSE 250 holding company whose main 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.

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