Georgia Capital (LON:CGEO) Sets New 52-Week High – Should You Buy?

Shares of Georgia Capital PLC (LON:CGEO) reached a new 52-week high during trading on Wednesday . The stock traded as high as GBX 3,220 and last traded at GBX 3,220, with a volume of 96776 shares trading hands. The stock had previously closed at GBX 3,140.

Georgia Capital Stock Up 1.2%

The stock has a market cap of £1.05 billion, a price-to-earnings ratio of 0.78 and a beta of 1.18. The company’s 50-day simple moving average is GBX 2,908.35 and its 200-day simple moving average is GBX 2,518.28.

Georgia Capital (LON:CGEO) last announced its quarterly earnings data on Tuesday, December 16th. The company reported GBX 274.45 EPS for the quarter. Georgia Capital had a return on equity of 4.87% and a net margin of 58.75%. As a group, analysts expect that Georgia Capital PLC will post 260.9999942 EPS for the current fiscal year.

Insider Buying and Selling at Georgia Capital

In related news, insider Irakli Giluari sold 75,000 shares of the stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of GBX 2,997, for a total value of £2,247,750. 8.90% of the stock is owned by company insiders.

About Georgia Capital

Georgia Capital PLC (“Georgia Capital” or “the Group” or “GCAP”– LSE: CGEO LN) is a platform for buying, building and developing businesses in Georgia with holdings in sectors that are expected to benefit from the continued growth and further diversification of the Georgian economy. The Group’s focus is typically on larger-scale investment opportunities in Georgia, which have the potential to reach at least GEL 300 million equity value over 3-5 years from the initial investment and to monetise them through exits, as investments mature.