Georgia Capital (LON:CGEO) Announces Quarterly Earnings Results

Georgia Capital (LON:CGEO) issued its earnings results on Monday. The company reported GBX 274.45 ($3.48) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Georgia Capital had a return on equity of 4.87% and a net margin of 58.75%.

Georgia Capital Price Performance

CGEO traded up GBX 26 ($0.33) during trading hours on Wednesday, reaching GBX 1,460 ($18.50). The company’s stock had a trading volume of 136,529 shares, compared to its average volume of 71,766. Georgia Capital has a fifty-two week low of GBX 830 ($10.52) and a fifty-two week high of GBX 1,478 ($18.73). The business’s 50-day moving average is GBX 1,206.50 and its 200-day moving average is GBX 1,099.97. The stock has a market cap of £565.78 million, a PE ratio of 3.60 and a beta of 1.18.

Insider Buying and Selling

In other news, insider Maria Chatti-Gautier bought 3,583 shares of the business’s stock in a transaction on Friday, December 13th. The shares were bought at an average price of GBX 1,171 ($14.84) per share, with a total value of £41,956.93 ($53,177.35). Corporate insiders own 18.07% of the company’s stock.

About Georgia Capital

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.