Georgia Capital (LON:CGEO) Trading Up 1.3% - Here's What Happened

Key Points

• Georgia Capital PLC shares rose by 1.3%, trading at GBX 2,370 ($31.95), with a total of 40,520 shares changing hands, a 66% decline from its average volume.
• The company has a market capitalization of £773.78 million and reported a quarterly EPS of GBX 0.08 with a return on equity of 4.87%.
• Insider Irakli Giluari sold 165,705 shares at an average price of GBX 2,239, totaling approximately £3.71 million, indicating significant insider activity.

Shares of Georgia Capital PLC (LON:CGEO - Get Free Report) shot up 1.3% during mid-day trading on Friday . The company traded as high as GBX 2,410 ($32.49) and last traded at GBX 2,370 ($31.95). 40,520 shares were traded during trading, a decline of 66% from the average session volume of 118,097 shares. The stock had previously closed at GBX 2,340 ($31.54).

Georgia Capital Trading Up 1.3%

The firm has a market capitalization of £773.78 million, a price-to-earnings ratio of 55.54 and a beta of 1.18. The stock's 50-day moving average is GBX 2,321.65 and its 200-day moving average is GBX 1,952.90.

Georgia Capital (LON:CGEO - Get Free Report) last announced its quarterly earnings results on Wednesday, August 6th. The company reported GBX 0.08 EPS for the quarter. Georgia Capital had a return on equity of 4.87% and a net margin of 58.75%. On average, equities research analysts anticipate that Georgia Capital PLC will post 260.9999942 EPS for the current fiscal year.

Insider Transactions at Georgia Capital

In other Georgia Capital news, insider Irakli Giluari sold 165,705 shares of the business's stock in a transaction that occurred 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. In the last three months, insiders have sold 489,080 shares of company stock valued at $30,150,010,303,008. 8.84% of the stock is 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.

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