Bank of Georgia Group (LON:BGEO) Hits New 1-Year High at $5,320.00

Bank of Georgia Group PLC (LON:BGEO)’s stock price reached a new 52-week high on Wednesday . The stock traded as high as GBX 5,320 ($65.71) and last traded at GBX 5,290 ($65.34), with a volume of 36542 shares trading hands. The stock had previously closed at GBX 5,160 ($63.74).

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group restated a “buy” rating and set a GBX 5,900 ($72.88) target price on shares of Bank of Georgia Group in a report on Tuesday, February 20th.

Bank of Georgia Group Stock Performance

The firm has a market cap of £2.42 billion, a price-to-earnings ratio of 500.47, a price-to-earnings-growth ratio of 0.88 and a beta of 1.09. The company’s fifty day moving average is GBX 4,886.61 and its two-hundred day moving average is GBX 4,060.70.

About Bank of Georgia Group

Bank of Georgia Group PLC, through its subsidiaries, provides various banking products and services in Georgia. It operates through three segments: Retail Banking, Corporate and Investment Banking, and BNB. The Retail Banking segment offers consumer loans, mortgage loans, overdrafts, credit cards, and other credit facilities; funds transfer and settlement services; and customers' deposits for individuals and legal entities under the Express, Bank of Georgia, MSME, and SOLO brands.