Georgia Capital (LON:CGEO) Hits New 52-Week High – Still a Buy?

Georgia Capital PLC (LON:CGEO) shares hit a new 52-week high during trading on Thursday . The company traded as high as GBX 4,700 and last traded at GBX 4,690.40, with a volume of 253366 shares. The stock had previously closed at GBX 4,585.

Georgia Capital Stock Up 2.8%

The company has a market capitalization of £1.43 billion, a price-to-earnings ratio of 0.97 and a beta of 0.67. The business has a fifty day simple moving average of GBX 4,299.96 and a two-hundred day simple moving average of GBX 4,064.26.

Georgia Capital (LON:CGEO) last issued its earnings results on Tuesday, August 4th. The company reported GBX 668.73 earnings per share (EPS) for the quarter. Georgia Capital had a return on equity of 35.88% and a net margin of 118.79%. As a group, equities analysts predict that Georgia Capital PLC will post 260.9999942 earnings per share for the current fiscal year.

Insider Transactions at Georgia Capital

In other Georgia Capital news, insider Irakli Giluari sold 84,002 shares of the stock in a transaction on Wednesday, September 2nd. The stock was sold at an average price of GBX 4,329, for a total transaction of £3,636,446.58. 6.55% of the stock is owned by corporate insiders.

About Georgia Capital

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.