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

Bank of Georgia Group PLC (LON:BGEO) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 4,353.88 ($53.27) and traded as high as GBX 4,740 ($58.00). Bank of Georgia Group shares last traded at GBX 4,610 ($56.41), with a volume of 34,430 shares traded.

Bank of Georgia Group Stock Performance

The company’s 50-day moving average price is GBX 4,708.73 and its 200 day moving average price is GBX 4,353.88. The stock has a market capitalization of £2.06 billion, a P/E ratio of 354.89, a P/E/G 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.