Georgia Capital (LON:CGEO) Stock Price Down 2.6% - What's Next?

Georgia Capital PLC (LON:CGEO - Get Free Report) traded down 2.6% during mid-day trading on Thursday . The stock traded as low as GBX 1,506 ($19.17) and last traded at GBX 1,528 ($19.45). 63,307 shares changed hands during trading, a decline of 57% from the average session volume of 148,114 shares. The stock had previously closed at GBX 1,568 ($19.96).

Georgia Capital Price Performance

The business's fifty day simple moving average is GBX 1,390.67 and its 200 day simple moving average is GBX 1,199.25. The firm has a market capitalization of £511.53 million, a price-to-earnings ratio of 3.26 and a beta of 1.18.

Georgia Capital (LON:CGEO - Get Free Report) last issued its earnings results on Monday, February 24th. The company reported GBX 274.45 ($3.49) EPS for the quarter. Georgia Capital had a return on equity of 4.87% and a net margin of 58.75%. Equities research analysts expect that Georgia Capital PLC will post 260.9999942 earnings per share for the current fiscal year.

Insider Buying and Selling at Georgia Capital

In other Georgia Capital news, insider Neil Janin sold 4,371 shares of the stock in a transaction dated Wednesday, March 12th. The shares were sold at an average price of GBX 1,450 ($18.46), for a total value of £63,379.50 ($80,676.55). Also, insider Massimo Gesua'sive Salvadori bought 1,469 shares of the company's stock in a transaction on Tuesday, April 8th. The shares were purchased at an average cost of GBX 1,309 ($16.66) per share, for a total transaction of £19,229.21 ($24,477.10). In the last quarter, insiders sold 142,773 shares of company stock worth $212,544,930. Insiders own 18.07% of the company's stock.

About Georgia Capital

Georgia Capital PLC (“Georgia Capital” or “the Group” or “GCAP”– LSE: CGEO LN) is a platform for buying, building and developing businesses in Georgia with holdings in sectors that are expected to benefit from the continued growth and further diversification of the Georgian economy. The Group's focus is typically on larger-scale investment opportunities in Georgia, which have the potential to reach at least GEL 300 million equity value over 3-5 years from the initial investment and to monetise them through exits, as investments mature.