Georgia Capital (LON:CGEO) Hits New 52-Week High - What's Next?

Key Points

• Georgia Capital PLC shares reached a new 52-week high, trading as high as GBX 2,515 ($34.15) and closing at GBX 2,494 ($33.87).
• The company reported a net margin of 58.75% and a return on equity of 4.87%, with analysts expecting earnings of approximately 261 pence per share for the current year.
• Insider Irakli Giluari sold 80 shares recently, contributing to a larger trend where insiders have sold a total of 489,080 shares in the last ninety days.

Georgia Capital PLC (LON:CGEO - Get Free Report)'s stock price reached a new 52-week high on Friday . The company traded as high as GBX 2,515 ($34.33) and last traded at GBX 2,494 ($34.04), with a volume of 27653 shares changing hands. The stock had previously closed at GBX 2,490 ($33.99).

Georgia Capital Stock Performance

The firm has a market capitalization of £768.88 million, a P/E ratio of 55.19 and a beta of 1.18. The business's fifty day moving average price is GBX 2,247.35 and its two-hundred day moving average price is GBX 1,875.96.

Georgia Capital (LON:CGEO - Get Free Report) last announced its quarterly earnings data on Wednesday, August 6th. The company reported GBX 0.08 EPS for the quarter. Georgia Capital had a net margin of 58.75% and a return on equity of 4.87%. Sell-side analysts predict that Georgia Capital PLC will post 260.9999942 earnings per share for the current year.

Insider Activity at Georgia Capital

In other Georgia Capital news, insider Irakli Giluari sold 165,705 shares of Georgia Capital stock in a transaction on Tuesday, August 26th. The shares were sold at an average price of GBX 2,239, for a total transaction of £3,710,134.95. Also, insider Neil Janin bought 6,000 shares of the stock in a transaction on Monday, June 23rd. The shares were acquired at an average cost of GBX 1,799 per share, for a total transaction of £107,940. Over the last ninety days, insiders have sold 489,080 shares of company stock valued at $30,150,010,303,008. Insiders own 8.84% 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.