TBC Bank Group (LON:TBCG) Stock Crosses Above 200-Day Moving Average – What’s Next?

TBC Bank Group PLC (LON:TBCG)’s stock price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 4,239.04 and traded as high as GBX 4,400. TBC Bank Group shares last traded at GBX 4,300, with a volume of 42,417 shares trading hands.

TBC Bank Group Price Performance

The firm’s 50 day moving average price is GBX 4,111.74 and its 200-day moving average price is GBX 4,239.04. The stock has a market cap of £2.52 billion, a P/E ratio of 1.88, a P/E/G ratio of 0.80 and a beta of 1.07.

TBC Bank Group Company Profile

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. TBC PLC also offers non-financial services via TNET, the largest digital ecosystem in Georgia. Since 2019, TBC PLC has expanded its operations into Uzbekistan by operating fast growing retail digital financial services in the country.