Georgia Capital (LON:CGEO) Shares Down 11.6%

Georgia Capital PLC (LON:CGEO) dropped 11.6% during mid-day trading on Friday . The company traded as low as GBX 1,106 ($13.89) and last traded at GBX 1,116 ($14.02). Approximately 166,337 shares traded hands during trading, an increase of 64% from the average daily volume of 101,252 shares. The stock had previously closed at GBX 1,262 ($15.85).

Georgia Capital Stock Down 11.6 %

The company has a market capitalization of £475.98 million, a price-to-earnings ratio of 292.13 and a beta of 1.25. The business’s 50-day moving average is GBX 1,297.64 and its 200-day moving average is GBX 1,120.97. The company has a quick ratio of 10.24, a current ratio of 7.77 and a debt-to-equity ratio of 137.78.

Insider Activity at Georgia Capital

In related news, insider Neil Janin sold 106,102 shares of the business’s stock in a transaction on Thursday, March 28th. The shares were sold at an average price of GBX 1,278 ($16.05), for a total transaction of £1,355,983.56 ($1,703,282.95). 20.16% of the stock is currently owned by insiders.

About Georgia Capital

Georgia Capital PLC is a private equity and venture capital firm specializing in early stage, organic growth and acquisitions. It consider greenfields through mature stage companies. The firm typically invests in automotive retail, education services, hotels, resorts & cruise lines, restaurants, beverages, healthcare, banks, property and casualty insurance, life and health insurance, diversified REITs, water utilities, and renewable electricity.