TBC Bank Group (LON:TBCG) Stock Price Down 0.2% – Time to Sell?

by · The Cerbat Gem

TBC Bank Group PLC (LON:TBCG – Get Free Report) dropped 0.2% during mid-day trading on Friday . The company traded as low as GBX 3,075 ($38.20) and last traded at GBX 3,110 ($38.63). Approximately 18,746 shares traded hands during mid-day trading, a decline of 32% from the average daily volume of 27,702 shares. The stock had previously closed at GBX 3,115 ($38.70).

TBC Bank Group Stock Down 0.2 %

The company’s 50-day simple moving average is GBX 3,064.68 and its 200 day simple moving average is GBX 2,902.68. The company has a market capitalization of £1.71 billion, a P/E ratio of 511.51, a P/E/G ratio of 0.80 and a beta of 1.07.

Insiders Place Their Bets

In other news, insider Nino (Venera) Suknidze sold 4,894 shares of the business’s stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of GBX 3,250 ($40.37), for a total value of £159,055 ($197,583.85). Company insiders own 23.77% of the company’s stock.

TBC Bank Group Company Profile

(Get Free Report)

TBC Bank Group PLC (“TBC PLC”) is a public limited company registered in England and Wales. TBC PLC is the parent company of JSC TBC Bank (“TBC Bank”) and a group of companies that principally operate in Georgia in the financial sector. TBC Bank, together with its subsidiaries, is a leading universal banking group in Georgia.

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