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

Shares of 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 ($52.97) and traded as high as GBX 4,740 ($57.67). Bank of Georgia Group shares last traded at GBX 4,610 ($56.09), with a volume of 34,430 shares changing hands.

Bank of Georgia Group Trading Down 1.2 %

The firm has a 50 day moving average price of GBX 4,708.33 and a 200-day moving average price of GBX 4,359.15. The firm has a market cap of £2.04 billion, a price-to-earnings ratio of 350.65, a P/E/G ratio of 0.88 and a beta of 1.05.

Bank of Georgia Group Company Profile

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.