Lion Finance Group (LON:BGEO) Reaches New 52-Week High – Here’s What Happened

Shares of Lion Finance Group PLC (LON:BGEOGet Free Report) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as 8,100.00 and last traded at 8,075.00, with a volume of 73323 shares traded. The stock had previously closed at 7,900.00.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. started coverage on Lion Finance Group in a research report on Tuesday, October 7th. They set an “overweight” rating and a GBX 9,200 price target for the company. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Buy”.

Get Our Latest Stock Report on BGEO

Lion Finance Group Price Performance

The stock has a market cap of $355.28 billion, a PE ratio of 1.76, a PEG ratio of 0.88 and a beta of 1.05. The company’s fifty day moving average is 7,619.93 and its 200-day moving average is 7,209.21.

Lion Finance Group (LON:BGEOGet Free Report) last announced its quarterly earnings results on Wednesday, August 20th. The company reported 317.91 earnings per share for the quarter. Lion Finance Group had a return on equity of 38.89% and a net margin of 73.73%. Analysts expect that Lion Finance Group PLC will post 1221.6828479 EPS for the current year.

Insider Activity

In related news, insider Andrew McIntyre bought 297 shares of the company’s stock in a transaction that occurred on Friday, August 22nd. The shares were purchased at an average cost of 7,515.00 per share, with a total value of 2,231,955.00. Also, insider Karine Hirn purchased 1,350 shares of the firm’s stock in a transaction on Thursday, August 21st. The stock was bought at an average cost of 7,500.00 per share, with a total value of 10,125,000.00. 8.69% of the stock is owned by company insiders.

About Lion Finance Group

(Get Free Report)

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.

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