Bank of Georgia Group (LON:BGEO) Shares Cross Above Two Hundred Day Moving Average – Here’s Why

Bank of Georgia Group PLC (LON:BGEOGet Free Report)’s share price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 4,216.08 ($53.21) and traded as high as GBX 4,669.97 ($58.94). Bank of Georgia Group shares last traded at GBX 4,580 ($57.81), with a volume of 23,770 shares traded.

Bank of Georgia Group Trading Down 1.2 %

The firm has a market cap of £2.05 billion, a P/E ratio of 352.58, a price-to-earnings-growth ratio of 0.88 and a beta of 1.05. The business’s fifty day simple moving average is GBX 4,423.20 and its 200-day simple moving average is GBX 4,216.08.

About Bank of Georgia Group

(Get Free Report)

Bank of Georgia Group PLC, through its subsidiaries, provides banking and financial services with focus on the Georgian and Armenian markets. It operates through Retail Banking, SME Banking, Corporate Investment Banking, and BNB segments. The Retail Banking segment offers consumer loans, mortgage loans, overdrafts, credit cards, and other credit facilities; funds transfer and settlement services; and handles customers' deposits for individuals and legal entities.

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