Georgia Capital (LON:CGEO) Hits New 12-Month High - What's Next?

Georgia Capital PLC (LON:CGEO - Get Free Report)'s stock price hit a new 52-week high on Monday . The company traded as high as GBX 2,200 ($29.21) and last traded at GBX 2,168.49 ($28.79), with a volume of 22671 shares traded. The stock had previously closed at GBX 2,135 ($28.35).

Georgia Capital Stock Up 2.8%

The stock has a market cap of £850.61 million, a P/E ratio of 5.42 and a beta of 1.18. The business's 50-day simple moving average is GBX 1,970.52 and its two-hundred day simple moving average is GBX 1,640.07.

Insiders Place Their Bets

In other Georgia Capital news, insider Neil Janin bought 6,000 shares of the business's stock in a transaction on Monday, June 23rd. The stock was purchased at an average price of GBX 1,799 ($23.89) per share, for a total transaction of £107,940 ($143,327.58). 18.07% 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.

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