Georgia Capital (LON:CGEO) Hits New 1-Year High - What's Next?

Georgia Capital PLC (LON:CGEO - Get Free Report) shares reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 1,958 ($26.01) and last traded at GBX 1,908 ($25.35), with a volume of 67552 shares trading hands. The stock had previously closed at GBX 1,916 ($25.45).

Georgia Capital Price Performance

The firm has a market cap of £726.21 million, a P/E ratio of 4.63 and a beta of 1.18. The firm's 50-day moving average price is GBX 1,537.14 and its 200 day moving average price is GBX 1,321.17.

Georgia Capital (LON:CGEO - Get Free Report) last issued its quarterly earnings data on Monday, February 24th. The company reported GBX 274.45 ($3.65) earnings per share for the quarter. Georgia Capital had a net margin of 58.75% and a return on equity of 4.87%. Analysts forecast that Georgia Capital PLC will post 260.9999942 earnings per share for the current year.

Insider Activity at Georgia Capital

In other news, insider Neil Janin sold 136,402 shares of the stock in a transaction on Friday, March 7th. The shares were sold at an average price of GBX 1,490 ($19.79), for a total value of £2,032,389.80 ($2,699,773.91). Also, insider Massimo Gesua'sive Salvadori acquired 1,469 shares of the stock in a transaction dated Tuesday, April 8th. The stock was bought at an average price of GBX 1,309 ($17.39) per share, for a total transaction of £19,229.21 ($25,543.58). In the last 90 days, insiders sold 142,773 shares of company stock worth $212,544,930. 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.