Lion Finance Group (LON:BGEO) Hits New 1-Year High – Still a Buy?

Lion Finance Group PLC (LON:BGEO) shares hit a new 52-week high on Thursday . The stock traded as high as 8,260.00 and last traded at 7,805.00, with a volume of 18289 shares traded. The stock had previously closed at 7,765.00.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. initiated coverage on shares of Lion Finance Group in a research note on Tuesday, October 7th. They set an “overweight” rating and a GBX 9,200 price target on the stock. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company has a consensus rating of “Buy”.

Lion Finance Group Trading Up 3.2%

The firm has a market capitalization of $349.18 billion, a P/E ratio of 1.73, a price-to-earnings-growth ratio of 0.88 and a beta of 1.05. The firm has a 50 day moving average price of 7,708.33 and a 200-day moving average price of 7,295.65.

Lion Finance Group (LON:BGEO) last released its quarterly earnings results on Wednesday, August 20th. The company reported 317.91 earnings per share for the quarter. Lion Finance Group had a return on equity of 38.89% and a net margin of 73.73%. Research analysts anticipate that Lion Finance Group PLC will post 1221.6828479 earnings per share for the current year.

Insiders Place Their Bets

In other news, insider Andrew McIntyre bought 297 shares of Lion Finance Group stock in a transaction dated Friday, August 22nd. The shares were acquired at an average price of 7,515.00 per share, with a total value of 2,231,955.00. 8.69% of the stock is owned by company insiders.

Lion Finance Group Company Profile

Lion Finance Group PLC (formerly Bank of Georgia Group PLC) is a FTSE 250 holding company whose main subsidiaries provide banking and financial services in the high-growth Georgian and Armenian markets through leading, customer-centric, universal banks – Bank of Georgia in Georgia and Ameriabank in Armenia.