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

Bank of Georgia Group (LON:BGEO) announced its quarterly earnings data 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 net margin of 73.73% and a return on equity of 38.89%.

Bank of Georgia Group Stock Down 2.5 %

Shares of LON:BGEO traded down GBX 137.63 ($1.75) during trading on Thursday, hitting GBX 5,452.37 ($69.15). 78,968 shares of the company traded hands, compared to its average volume of 78,989. The business’s fifty day moving average is GBX 4,796.62 and its 200-day moving average is GBX 4,478.51. The stock has a market capitalization of £2.41 billion, a price-to-earnings ratio of 1.05, a PEG ratio of 0.88 and a beta of 1.05. Bank of Georgia Group has a one year low of GBX 3,540.24 ($44.90) and a one year high of GBX 5,930 ($75.21).

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.