Lion Finance Group (LON:BGEO) Stock Passes Above Two Hundred Day Moving Average - What's Next?

Key Points

• Lion Finance Group shares crossed above their 200‑day moving average (200‑day MA: GEL 8,992.54), trading as high as GEL 9,715 and last at GEL 9,700 on a volume of 481,619 shares.
• Analyst outlook improved: JPMorgan raised its target and gave an "overweight" rating, and the stock carries a MarketBeat consensus rating of "Buy."
• Strong fundamentals and insider activity: the company shows a low P/E (1.96) with high profitability (ROE 27.77%, net margin 32.44%), and insider Karine Hirn recently purchased 1,450 shares; insiders own 8.55% of the stock.

Lion Finance Group PLC (LON:BGEO - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GEL 8,992.54 and traded as high as GEL 9,715.00. Lion Finance Group shares last traded at GEL 9,700.00, with a volume of 481,619 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. increased their target price on Lion Finance Group from GBX 9,200 to £107 and gave the stock an "overweight" rating in a report on Friday, December 5th. One research analyst has rated the stock with a Buy rating, According to MarketBeat, the stock currently has a consensus rating of "Buy".

Lion Finance Group Stock Performance

The company has a market capitalization of $420.65 billion, a price-to-earnings ratio of 1.96, a PEG ratio of 0.88 and a beta of 0.56. The firm's 50-day moving average price is GEL 10,074.54 and its 200 day moving average price is GEL 8,992.54.

Lion Finance Group (LON:BGEO - Get Free Report) last issued its quarterly earnings data on Wednesday, March 25th. The company reported GEL 1,379.33 earnings per share (EPS) for the quarter. Lion Finance Group had a return on equity of 27.77% and a net margin of 32.44%. As a group, equities research analysts anticipate that Lion Finance Group PLC will post 1221.6828479 earnings per share for the current fiscal year.

Insider Buying and Selling at Lion Finance Group

In other Lion Finance Group news, insider Karine Hirn purchased 1,450 shares of the stock in a transaction on Wednesday, February 25th. The shares were purchased at an average price of GEL 11,148.00 per share, with a total value of GEL 16,164,600.00. 8.55% of the stock is currently owned by insiders.

Lion Finance Group Company Profile

Lion Finance Group PLC (formerly Bank of Georgia Group PLC) is a FTSE 250 holding company whose main subsidiaries provide banking and financial services in the high-growth Georgian and Armenian markets through leading, customer-centric, universal banks – Bank of Georgia in Georgia and Ameriabank in Armenia. By building on our competitive strengths, we are committed to driving business growth, sustaining high profitability, and generating strong returns, while creating opportunities for our stakeholders and making a positive contribution in the communities where we operate.

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