Georgia Capital (LON:CGEO) Reaches New 12-Month High - Should You Buy?

Georgia Capital PLC (LON:CGEO - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 2,160 ($29.02) and last traded at GBX 2,140 ($28.76), with a volume of 20004 shares changing hands. The stock had previously closed at GBX 2,130 ($28.62).

Georgia Capital Price Performance

The stock's 50-day moving average is GBX 1,947.06 and its two-hundred day moving average is GBX 1,605.12. The stock has a market cap of £823.59 million, a P/E ratio of 5.25 and a beta of 1.18.

Insider Buying and Selling at Georgia Capital

In related news, insider Neil Janin bought 6,000 shares of the company's stock in a transaction that occurred on Monday, June 23rd. The stock was purchased at an average price of GBX 1,799 ($24.17) per share, for a total transaction of £107,940 ($145,041.66). Corporate 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.