Bank of Georgia Group (LON:BGEO) Issues Quarterly Earnings Results

Bank of Georgia Group (LON:BGEO) announced its earnings results on Tuesday. The company reported GBX 1,612.18 ($20.45) earnings per share for the quarter, Digital Look Earnings reports. Bank of Georgia Group had a return on equity of 38.89% and a net margin of 73.73%.

Bank of Georgia Group Stock Down 2.5 %

LON BGEO traded down GBX 140 ($1.78) during midday trading on Thursday, hitting GBX 5,450 ($69.12). The company had a trading volume of 76,822 shares, compared to its average volume of 78,936. The stock has a market cap of £2.41 billion, a price-to-earnings ratio of 1.05, a P/E/G ratio of 0.88 and a beta of 1.05. Bank of Georgia Group has a fifty-two week low of GBX 3,540.24 ($44.90) and a fifty-two week high of GBX 5,930 ($75.21). The firm has a fifty day simple moving average of GBX 4,796.62 and a two-hundred day simple moving average of GBX 4,478.51.

About Bank of Georgia Group

Bank of Georgia Group PLC is a FTSE 250 holding company whose subsidiaries provide banking and financial services focused 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.