TBC Bank Group (LON:TBCG) Sets New 12-Month High - Should You Buy?

Key Points

• TBC Bank Group PLC's stock reached a new 52-week high of GBX 5,020 ($67.06) during trading, closing at GBX 4,983.84 ($66.58).
• The company has a market capitalization of £2.84 billion and a P/E ratio of 2.27, indicating strong performance metrics in the finance sector.
• TBC Bank operates primarily in Georgia, establishing itself as a leading universal banking group in the region.

TBC Bank Group PLC (LON:TBCG - )'s stock price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 5,020 ($67.06) and last traded at GBX 4,983.84 ($66.58), with a volume of 37522 shares trading hands. The stock had previously closed at GBX 4,875 ($65.12).

TBC Bank Group Price Performance

The company has a 50 day simple moving average of GBX 4,670 and a 200-day simple moving average of GBX 4,319.17. The stock has a market capitalization of £2.84 billion, a P/E ratio of 2.27, a price-to-earnings-growth ratio of 0.80 and a beta of 1.07.

TBC Bank Group Company Profile

TBC Bank Group PLC ("TBC PLC") is a public limited company registered in England and Wales. TBC PLC is the parent company of JSC TBC Bank ("TBC Bank") and a group of companies that principally operate in Georgia in the financial sector. TBC Bank, together with its subsidiaries, is a leading universal banking group in Georgia.

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