Georgia Capital (LON:CGEO) Sets New 52-Week High - Should You Buy?

Georgia Capital PLC (LON:CGEO - Get Free Report) hit a new 52-week high during trading on Monday . The stock traded as high as GBX 2,070 ($27.80) and last traded at GBX 2,065 ($27.73), with a volume of 73209 shares traded. The stock had previously closed at GBX 2,030 ($27.26).

Georgia Capital Price Performance

The firm has a market cap of £827.36 million, a PE ratio of 5.27 and a beta of 1.18. The company has a 50 day simple moving average of GBX 1,916.96 and a 200-day simple moving average of GBX 1,561.90.

Insiders Place Their Bets

In related news, insider Neil Janin acquired 6,000 shares of the stock in a transaction on Monday, June 23rd. The stock was purchased at an average price of GBX 1,799 ($24.16) per share, for a total transaction of £107,940 ($144,944.27). Insiders own 18.07% of the company's stock.

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.