Georgia Capital (LON:CGEO) Sets New 1-Year High - Here's Why

Georgia Capital PLC (LON:CGEO - Get Free Report)'s share price hit a new 52-week high on Tuesday . The company traded as high as GBX 1,962 ($26.48) and last traded at GBX 1,954 ($26.37), with a volume of 7469 shares. The stock had previously closed at GBX 1,902 ($25.67).

Georgia Capital Stock Performance

The firm has a fifty day moving average of GBX 1,606.51 and a 200-day moving average of GBX 1,374.22. The stock has a market capitalization of £719.24 million, a price-to-earnings ratio of 4.58 and a beta of 1.18.

Georgia Capital (LON:CGEO - Get Free Report) last issued its earnings results on Monday, February 24th. The company reported GBX 274.45 ($3.70) earnings per share for the quarter. Georgia Capital had a return on equity of 4.87% and a net margin of 58.75%. On average, analysts predict that Georgia Capital PLC will post 260.9999942 EPS for the current year.

Insider Buying and Selling

In other Georgia Capital news, insider Massimo Gesua'sive Salvadori purchased 1,469 shares of the business's stock in a transaction that occurred on Tuesday, April 8th. The shares were acquired at an average price of GBX 1,309 ($17.67) per share, for a total transaction of £19,229.21 ($25,953.85). Also, insider Neil Janin purchased 5,000 shares of Georgia Capital stock in a transaction that occurred on Thursday, May 22nd. The stock was acquired at an average cost of GBX 1,936 ($26.13) per share, with a total value of £96,800 ($130,651.91). In the last ninety days, insiders have sold 142,773 shares of company stock valued at $212,544,930. Corporate insiders own 18.07% of the company's stock.

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.