Lion Finance Group (LON:BGEO) Hits New 1-Year High – Still a Buy?

Lion Finance Group PLC (LON:BGEO) shares reached a new 52-week high during trading on Thursday . The company traded as high as 8,260.00 and last traded at 7,805.00, with a volume of 18289 shares trading hands. The stock had previously closed at 7,765.00.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. assumed coverage on Lion Finance Group in a report on Tuesday, October 7th. They issued an “overweight” rating and a GBX 9,200 price target on the stock. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, Lion Finance Group currently has an average rating of “Buy”.

Lion Finance Group Trading Up 3.2%

The company’s 50 day moving average is 7,708.33 and its 200 day moving average is 7,295.65. The company has a market cap of $349.18 billion, a PE ratio of 1.73, a P/E/G ratio of 0.88 and a beta of 1.05.

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

Insider Buying and Selling at Lion Finance Group

In other news, insider Andrew McIntyre purchased 297 shares of the stock in a transaction that occurred on Friday, August 22nd. The stock was purchased at an average price of 7,515.00 per share, for a total transaction of 2,231,955.00. Corporate insiders own 8.69% of the company’s stock.

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.