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TBC Bank Group (LON:TBCG) Stock Crosses Above 50 Day Moving Average - Here's Why

TBC Bank Group logo with Financial Services background

Shares of TBC Bank Group PLC (LON:TBCG - Get Free Report) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 4,028 ($51.47) and traded as high as GBX 4,055 ($51.81). TBC Bank Group shares last traded at GBX 3,662.72 ($46.80), with a volume of 5,547,741 shares trading hands.

TBC Bank Group Stock Performance

The business's 50-day moving average is GBX 4,066.25 and its two-hundred day moving average is GBX 3,357.50. The firm has a market capitalization of £2.12 billion, a price-to-earnings ratio of 1.69, a P/E/G ratio of 0.80 and a beta of 1.07.

TBC Bank Group Company Profile

(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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