Lion Finance Group (LON:BGEO) Share Price Crosses Above Two Hundred Day Moving Average - Here's Why

Key Points

• Lion Finance Group's stock price has surpassed its 200-day moving average, trading as high as 7,635.00, with the last trade at 7,500.00.
• The firm has a significant market capitalization of $331.34 billion and boasts a return on equity of 38.89% along with a net margin of 73.73%.
• Insider Karine Hirn purchased 1,400 shares at an average price of 6,810.00, highlighting continued insider investment interest as insiders hold 25.89% of the company's stock.

Lion Finance Group PLC (LON:BGEO - Get Free Report)'s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of 6,270.08 and traded as high as 7,635.00. Lion Finance Group shares last traded at 7,500.00, with a volume of 89,264 shares changing hands.

Lion Finance Group Stock Performance

The company's 50-day moving average is 7,347.06 and its 200-day moving average is 6,346.64. The firm has a market cap of $327.81 billion, a price-to-earnings ratio of 1.43, a P/E/G ratio of 0.88 and a beta of 1.05.

Lion Finance Group (LON:BGEO - Get Free Report) last issued its quarterly earnings data on Wednesday, August 20th. The company reported 317.91 EPS for the quarter. Lion Finance Group had a net margin of 73.73% and a return on equity of 38.89%. On average, analysts predict that Lion Finance Group PLC will post 1221.6828479 EPS for the current year.

Insider Transactions at Lion Finance Group

In related news, insider Andrew McIntyre acquired 297 shares of the firm's stock in a transaction on Friday, August 22nd. The shares were purchased at an average price of 7,515.00 per share, with a total value of 2,231,955.00. Also, insider Karine Hirn acquired 1,350 shares of the firm's stock in a transaction on Thursday, August 21st. The shares were bought at an average cost of 7,500.00 per share, for a total transaction of 10,125,000.00. In the last three months, insiders have acquired 3,047 shares of company stock worth $21,890,955. Insiders own 25.89% of the company's stock.

About Lion Finance Group

Lion Finance Group PLC (formerly Bank of Georgia Group PLC) is a FTSE 250 holding company whose main subsidiaries provide banking and financial services focused in the high-growth Georgian and Armenian markets through leading, customer-centric, universal banks – Bank of Georgia in Georgia and Ameriabank in Armenia.