Georgia Capital (LON:CGEO) Trading 2.1% Higher - Should You Buy?

Georgia Capital PLC (LON:CGEO - Get Free Report)'s stock price traded up 2.1% during mid-day trading on Tuesday . The stock traded as high as GBX 1,880 ($25.28) and last traded at GBX 1,880 ($25.28). 52,657 shares were traded during trading, a decline of 60% from the average session volume of 132,194 shares. The stock had previously closed at GBX 1,842 ($24.77).

Georgia Capital Price Performance

The firm has a 50-day moving average of GBX 1,755.95 and a 200-day moving average of GBX 1,452.80. The stock has a market cap of £702.96 million, a PE ratio of 4.48 and a beta of 1.18.

Insider Buying and Selling

In other news, insider Neil Janin purchased 5,000 shares of the business's stock in a transaction on Thursday, May 22nd. The stock was acquired at an average price of GBX 1,936 ($26.04) per share, for a total transaction of £96,800 ($130,177.51). Also, insider Massimo Gesua'sive Salvadori purchased 1,469 shares of the business's stock in a transaction on Tuesday, April 8th. The shares were purchased at an average price of GBX 1,309 ($17.60) per share, with a total value of £19,229.21 ($25,859.62). 18.07% of the stock is currently owned by company 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.