Lion Finance Group (LON:BGEO) Hits New 1-Year High – Here’s Why

by · The Markets Daily

Lion Finance Group PLC (LON:BGEO – Get Free Report)’s share price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GEL 12,040.00 and last traded at GEL 12,040.00, with a volume of 107131 shares. The stock had previously closed at GEL 11,930.00.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. upped their price target on Lion Finance Group from £131 to £139 and gave the company an “overweight” rating in a report on Monday, June 29th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Lion Finance Group currently has an average rating of “Buy”.

View Our Latest Stock Analysis on BGEO

Lion Finance Group Trading Up 1.2%

The firm has a market cap of $524.61 billion, a PE ratio of 2.37, a P/E/G ratio of 0.88 and a beta of 0.77. The company’s 50-day moving average is GEL 11,285.66 and its 200 day moving average is GEL 10,699.17.

Lion Finance Group (LON:BGEO – Get Free Report) last released its earnings results on Thursday, May 7th. The company reported GEL 384.31 earnings per share (EPS) for the quarter. The company had revenue of GEL 410.68 million during the quarter. Lion Finance Group had a return on equity of 27.26% and a net margin of 32.18%. On average, research analysts predict that Lion Finance Group PLC will post 1221.6828479 EPS for the current fiscal year.

Lion Finance Group Company Profile

(Get Free Report)

Lion Finance Group PLC (formerly Bank of Georgia Group PLC) is a FTSE 100 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.

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