Lion Finance Group (LON:BGEO) Hits New 52-Week High – Still a Buy?

Shares of Lion Finance Group PLC (LON:BGEO) reached a new 52-week high during trading on Tuesday . The company traded as high as 9,740.00 and last traded at 9,540.00, with a volume of 31548 shares. The stock had previously closed at 9,600.00.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. raised their price objective on shares of Lion Finance Group from GBX 9,200 to £107 and gave the company an “overweight” rating in a research report on Friday, December 5th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has an average rating of “Buy”.

Lion Finance Group Stock Performance

The company has a market cap of $418.05 billion, a P/E ratio of 2.03, a P/E/G ratio of 0.88 and a beta of 1.05. The stock has a 50-day moving average of 9,027.80 and a two-hundred day moving average of 8,081.41.

Lion Finance Group (LON:BGEO) last posted its quarterly earnings results on Tuesday, December 16th. The company reported 633.69 EPS for the quarter. Lion Finance Group had a net margin of 73.73% and a return on equity of 38.89%. As a group, sell-side analysts forecast that Lion Finance Group PLC will post 1221.6828479 EPS for the current fiscal year.

Insider Activity

In other Lion Finance Group news, insider Andrew McIntyre purchased 553 shares of the business’s stock in a transaction on Tuesday, December 2nd. The stock was acquired at an average cost of 9,033.00 per share, for a total transaction of 4,995,249.00. Also, insider Archil Gachechiladze sold 80,000 shares of Lion Finance Group stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of 9,209.00, for a total value of 736,720,000.00. Corporate insiders own 8.71% of the company’s stock.

Lion Finance Group Company Profile

Lion Finance Group PLC (formerly Bank of Georgia Group PLC) is a FTSE 250 holding company whose main subsidiaries provide banking and financial services 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.