Lion Finance Group (LON:BGEO) Reaches New 12-Month High – What’s Next?

Lion Finance Group PLC (LON:BGEO)’s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as 9,740.00 and last traded at 9,540.00, with a volume of 31548 shares trading hands. The stock had previously closed at 9,600.00.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. lifted their price objective on shares of Lion Finance Group from GBX 9,200 to £107 and gave the stock an “overweight” rating in a research note on Friday, December 5th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy”.

Lion Finance Group Stock Performance

The company has a market cap of $413.05 billion, a P/E ratio of 2.00, a P/E/G ratio of 0.88 and a beta of 1.05. The stock’s fifty day moving average price is 8,968.60 and its two-hundred day moving average price is 8,054.05.

Lion Finance Group (LON:BGEO) last released its earnings results on Tuesday, December 16th. The company reported 633.69 earnings per share for the quarter. Lion Finance Group had a return on equity of 38.89% and a net margin of 73.73%. On average, equities research analysts forecast that Lion Finance Group PLC will post 1221.6828479 EPS for the current year.

Insider Activity

In other news, insider Archil Gachechiladze sold 80,000 shares of the firm’s stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of 9,209.00, for a total value of 736,720,000.00. Also, insider Andrew McIntyre acquired 553 shares of the stock in a transaction that occurred on Tuesday, December 2nd. The shares were bought at an average price of 9,033.00 per share, with a total value of 4,995,249.00. Company insiders own 8.71% 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. By building on our competitive strengths, we are committed to driving business growth, sustaining high profitability, and generating strong returns, while creating opportunities for our stakeholders and making a positive contribution in the communities where we operate.