Georgia Capital (LON:CGEO) Sets New 1-Year High - Should You Buy?

Key Points

• Georgia Capital PLC's stock hit a new 52-week high, trading at GBX 2,500 ($33.61) during the day before closing at GBX 2,345 ($31.53).
• The company posted a net margin of 58.75% and a predicted earnings per share of approximately 261 for the current fiscal year.
• Insider Neil Janin purchased 6,000 shares at an average price of GBX 1,799 ($24.19), indicating confidence from within the company.

Georgia Capital PLC (LON:CGEO - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 2,500 ($33.61) and last traded at GBX 2,345 ($31.53), with a volume of 60607 shares traded. The stock had previously closed at GBX 2,310 ($31.06).

Georgia Capital Trading Up 1.7%

The company has a market cap of £910.67 million, a P/E ratio of 5.80 and a beta of 1.18. The firm's fifty day moving average price is GBX 2,008.34 and its 200-day moving average price is GBX 1,677.26.

Georgia Capital (LON:CGEO - Get Free Report) last issued its quarterly earnings data on Wednesday, August 6th. The company reported GBX 0.08 ($0.00) earnings per share for the quarter. Georgia Capital had a net margin of 58.75% and a return on equity of 4.87%. As a group, research analysts forecast that Georgia Capital PLC will post 260.9999942 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Georgia Capital news, insider Neil Janin acquired 6,000 shares of the business's stock in a transaction that occurred on Monday, June 23rd. The shares were acquired at an average cost of GBX 1,799 ($24.19) per share, for a total transaction of £107,940 ($145,119.66). 18.07% of the stock is owned by corporate insiders.

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.

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