Georgia Capital (LON:CGEO) Hits New 1-Year High – Should You Buy?

Shares of Georgia Capital PLC (LON:CGEO) reached a new 52-week high during trading on Tuesday . The company traded as high as GBX 3,460 and last traded at GBX 3,460, with a volume of 152467 shares trading hands. The stock had previously closed at GBX 3,420.

Georgia Capital Price Performance

The business has a fifty day moving average of GBX 3,125.99 and a 200 day moving average of GBX 2,662.43. The stock has a market capitalization of £1.07 billion, a price-to-earnings ratio of 0.80 and a beta of 1.18.

Georgia Capital (LON:CGEO) last posted its quarterly earnings results on Tuesday, December 16th. The company reported GBX 274.45 EPS for the quarter. Georgia Capital had a net margin of 58.75% and a return on equity of 4.87%. On average, equities research analysts expect that Georgia Capital PLC will post 260.9999942 EPS for the current year.

Insiders Place Their Bets

In related news, insider Irakli Giluari sold 75,000 shares of the firm’s stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of GBX 2,997, for a total value of £2,247,750. 8.57% of the stock is currently owned by company insiders.

Georgia Capital Company Profile

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.