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

Georgia Capital PLC (LON:CGEO - Get Free Report) reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 2,060 ($28.04) and last traded at GBX 2,050 ($27.90), with a volume of 37540 shares traded. The stock had previously closed at GBX 2,025 ($27.56).

Georgia Capital Stock Up 0.1%

The firm's 50 day simple moving average is GBX 1,857.83 and its 200 day simple moving average is GBX 1,517.01. The company has a market capitalization of £795.41 million, a PE ratio of 5.07 and a beta of 1.18.

Insider Activity

In related news, insider Neil Janin bought 6,000 shares of the stock in a transaction dated Monday, June 23rd. The stock was purchased at an average cost of GBX 1,799 ($24.49) per share, with a total value of £107,940 ($146,917.11). Corporate insiders own 18.07% 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.

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