BGEO Group (OTCMKTS:BDGSF) Stock Price Up 77.9% - Here's What Happened

Key Points

• BGEO Group PLC's stock price surged by 77.9%, rising from a previous close of $55.65 to a high of $99.00 during trading.
• The company experienced an extraordinary increase in trading volume, 19,900% higher than its average daily volume, indicating strong investor interest.
• BGEO Group operates primarily in Georgia and Armenia, offering a wide range of banking and financial services through various segments, including Retail Banking and Corporate Investment Banking.

BGEO Group PLC (OTCMKTS:BDGSF - Get Free Report)'s stock price was up 77.9% on Thursday . The stock traded as high as $99.00 and last traded at $99.00. Approximately 100 shares traded hands during mid-day trading, an increase of 19,900% from the average daily volume of 1 shares. The stock had previously closed at $55.65.

BGEO Group Trading Down 0.1%

The stock has a market cap of $4.40 billion, a PE ratio of 5.17 and a beta of 0.56. The firm has a fifty day simple moving average of $81.06 and a two-hundred day simple moving average of $74.54.

About BGEO Group

Bank of Georgia Group PLC, through its subsidiaries, provides banking and financial services with focus on the Georgian and Armenian markets. It operates through Retail Banking, SME Banking, Corporate Investment Banking, and BNB segments. The Retail Banking segment offers consumer loans, mortgage loans, overdrafts, credit cards, and other credit facilities; funds transfer and settlement services; and handles customers' deposits for individuals and legal entities.