Georgia Capital (LON:CGEO) Issues Quarterly Earnings Results

Key Points

• Georgia Capital reported earnings of GBX 0.08 ($0.00) per share with a net margin of 58.75% and a return on equity of 4.87%.
• The company's share price decreased by GBX 40 ($0.54) to reach GBX 2,310 ($31.07) during mid-day trading, with a market capitalization of £895.17 million.
• Insider Neil Janin purchased 6,000 shares at an average price of GBX 1,799 ($24.19), indicating a growing confidence in the company's prospects.

Georgia Capital (LON:CGEO - Get Free Report) released its quarterly earnings data on Wednesday. The company reported GBX 0.08 ($0.00) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Georgia Capital had a return on equity of 4.87% and a net margin of 58.75%.

Georgia Capital Price Performance

Shares of LON CGEO traded down GBX 40 ($0.54) during trading hours on Friday, reaching GBX 2,310 ($31.07). The stock had a trading volume of 94,906 shares, compared to its average volume of 115,701. The business's fifty day moving average is GBX 2,008.34 and its two-hundred day moving average is GBX 1,674. The company has a market cap of £895.17 million, a price-to-earnings ratio of 5.70 and a beta of 1.18. Georgia Capital has a twelve month low of GBX 890 ($11.97) and a twelve month high of GBX 2,370 ($31.88).

Insider Transactions at Georgia Capital

In other Georgia Capital news, insider Neil Janin bought 6,000 shares of the firm's stock in a transaction dated Monday, June 23rd. The shares were bought at an average price of GBX 1,799 ($24.20) per share, for a total transaction of £107,940 ($145,178.21). 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.