Georgia Capital (LON:CGEO) Stock Price Down 2.6% – Time to Sell?

Georgia Capital PLC (LON:CGEO) dropped 2.6% on Thursday . The stock traded as low as GBX 1,506 ($19.43) and last traded at GBX 1,528 ($19.71). Approximately 63,307 shares were traded during trading, a decline of 57% from the average daily volume of 148,114 shares. The stock had previously closed at GBX 1,568 ($20.23).

Georgia Capital Price Performance

The company has a market cap of £532.45 million, a P/E ratio of 3.39 and a beta of 1.18. The business’s 50 day moving average price is GBX 1,388.39 and its 200-day moving average price is GBX 1,194.19.

Georgia Capital (LON:CGEO) last issued its quarterly earnings data on Monday, February 24th. The company reported GBX 274.45 ($3.54) earnings per share (EPS) for the quarter. Georgia Capital had a return on equity of 4.87% and a net margin of 58.75%. As a group, research analysts forecast that Georgia Capital PLC will post 260.9999942 EPS for the current year.

Insider Activity

In other Georgia Capital news, insider Neil Janin sold 136,402 shares of the company’s stock in a transaction on Friday, March 7th. The shares were sold at an average price of GBX 1,490 ($19.22), for a total transaction of £2,032,389.80 ($2,621,761.87). Insiders have sold 142,773 shares of company stock valued at $212,544,930 over the last 90 days. 18.07% of the stock is owned by company insiders.

About Georgia Capital

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.