Georgia Capital (LON:CGEO) Trading 1.2% Higher – Here’s Why

Shares of Georgia Capital PLC (LON:CGEO) shot up 1.2% during trading on Tuesday . The stock traded as high as GBX 1,202 ($14.96) and last traded at GBX 1,196 ($14.88). 36,054 shares traded hands during trading, a decline of 55% from the average session volume of 79,774 shares. The stock had previously closed at GBX 1,182 ($14.71).

Georgia Capital Stock Performance

The company has a current ratio of 0.74, a quick ratio of 10.24 and a debt-to-equity ratio of 137.78. The company has a market cap of £430.20 million, a PE ratio of 1,077.48 and a beta of 1.18. The business’s 50 day moving average is GBX 1,171.25 and its two-hundred day moving average is GBX 1,074.48.

Insider Activity

In related news, insider Maria Chatti-Gautier purchased 3,583 shares of the firm’s stock in a transaction on Friday, December 13th. The shares were acquired at an average price of GBX 1,171 ($14.57) per share, for a total transaction of £41,956.93 ($52,204.72). Also, insider Neil Janin acquired 4,001 shares of the company’s stock in a transaction on Tuesday, November 5th. The shares were bought at an average cost of GBX 1,060 ($13.19) per share, with a total value of £42,410.60 ($52,769.19). Insiders have acquired 18,584 shares of company stock worth $20,384,753 over the last ninety days. Corporate insiders own 18.07% of the company’s stock.

Georgia Capital Company Profile

Georgia Capital PLC (“Georgia Capital” or “the Group” or “GCAP”– LSE: CGEO LN) is a platform for buying, building and developing businesses in Georgia with holdings in sectors that are expected to benefit from the continued growth and further diversification of the Georgian economy. The Group’s focus is typically on larger-scale investment opportunities in Georgia, which have the potential to reach at least GEL 300 million equity value over 3-5 years from the initial investment and to monetise them through exits, as investments mature.