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TBC Bank Group (LON:TBCG) Shares Pass Below 50 Day Moving Average - What's Next?

TBC Bank Group logo with Financial Services background

Shares of TBC Bank Group PLC (LON:TBCG - Get Free Report) crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 3,112.92 ($37.86) and traded as low as GBX 3,040 ($36.97). TBC Bank Group shares last traded at GBX 3,070 ($37.34), with a volume of 49,167 shares traded.

TBC Bank Group Stock Performance

The company's 50 day simple moving average is GBX 3,112.92 and its two-hundred day simple moving average is GBX 2,941.46. The stock has a market cap of £1.69 billion, a price-to-earnings ratio of 504.93, a price-to-earnings-growth ratio of 0.80 and a beta of 1.07.

Insider Transactions at TBC Bank Group

In related news, insider Nino (Venera) Suknidze sold 4,894 shares of the company's stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of GBX 3,250 ($39.53), for a total value of £159,055 ($193,450.50). 23.77% of the stock is currently owned by company insiders.

About TBC Bank Group

(Get Free Report)

TBC Bank Group PLC ("TBC PLC") is a public limited company registered in England and Wales. TBC PLC is the parent company of JSC TBC Bank ("TBC Bank") and a group of companies that principally operate in Georgia in the financial sector. TBC Bank, together with its subsidiaries, is a leading universal banking group in Georgia.

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