TBC Bank Group (LON:TBCG) Trading Down 0.6% – What’s Next?

TBC Bank Group PLC (LON:TBCG) shares dropped 0.6% during trading on Thursday . The company traded as low as GBX 3,135 ($39.74) and last traded at GBX 3,135 ($39.74). Approximately 51,154 shares changed hands during trading, a decline of 49% from the average daily volume of 99,336 shares. The stock had previously closed at GBX 3,155 ($39.99).

TBC Bank Group Trading Down 0.6 %

The business’s fifty day simple moving average is GBX 2,929.57 and its 200 day simple moving average is GBX 2,837.23. The stock has a market cap of £1.73 billion, a price-to-earnings ratio of 515.63, a price-to-earnings-growth ratio of 0.80 and a beta of 1.07.

Insider Buying and Selling

In related news, insider Nino (Venera) Suknidze sold 4,894 shares of the stock in a transaction that occurred on Wednesday, November 20th. The shares were sold at an average price of GBX 3,250 ($41.20), for a total value of £159,055 ($201,616.17). 23.77% of the stock is owned by insiders.

TBC Bank Group Company Profile

TBC Bank Group PLC, through its subsidiaries, provides banking, leasing, brokerage, insurance, and card processing services to corporate and individual customers in Georgia, Azerbaijan, and Uzbekistan. The company operates through Retail; Corporate; and Micro, Small and Medium Enterprises segments. It offers mortgage, digital, consumer, car, overdraft, and pawnshop loans; and term deposits, mortgage, credit cards; current, and nominee account services.