Georgia Capital (LON:CGEO) Reaches New 12-Month High – Still a Buy?

by · The Markets Daily

Shares of Georgia Capital PLC (LON:CGEO – Get Free Report) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 3,025 and last traded at GBX 3,025, with a volume of 7068 shares trading hands. The stock had previously closed at GBX 2,996.13.

Georgia Capital Stock Performance

The firm has a 50-day moving average of GBX 2,596.92 and a 200-day moving average of GBX 2,310.53. The firm has a market capitalization of £961.62 million, a P/E ratio of 0.71 and a beta of 1.18.

Georgia Capital Company Profile

(Get Free Report)

Georgia Capital PLC (“Georgia Capital” or “the Group” or “GCAP”– LSE: CGEO LN) is a platform for buying, building and developing businesses in Georgia with holdings in sectors that are expected to benefit from the continued growth and further diversification of the Georgian economy. The Group’s focus is typically on larger-scale investment opportunities in Georgia, which have the potential to reach at least GEL 300 million equity value over 3-5 years from the initial investment and to monetise them through exits, as investments mature.

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