Bank of Georgia Group (LON:BGEO) Shares Pass Above 200-Day Moving Average – Time to Sell?

Bank of Georgia Group PLC (LON:BGEO)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 4,431.24 ($55.76) and traded as high as GBX 5,310 ($66.82). Bank of Georgia Group shares last traded at GBX 5,170 ($65.06), with a volume of 47,472 shares trading hands.

Bank of Georgia Group Trading Up 2.5 %

The firm has a 50-day moving average of GBX 4,724.32 and a 200 day moving average of GBX 4,431.24. The stock has a market capitalization of £2.34 billion, a price-to-earnings ratio of 1.02, a price-to-earnings-growth ratio of 0.88 and a beta of 1.05.

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.