Lion Finance Group (LON:BGEO) Sets New 12-Month High – Here’s Why

Lion Finance Group PLC (LON:BGEO)’s share price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as GEL 13,760.00 and last traded at GEL 13,760.00, with a volume of 33489 shares changing hands. The stock had previously closed at GEL 13,700.00.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. increased their price objective on shares of Lion Finance Group from £139 to £141 and gave the company an “overweight” rating in a research note on Wednesday, August 12th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy”.

Lion Finance Group Trading Up 0.4%

The firm has a market cap of $592.51 billion, a P/E ratio of 2.55, a price-to-earnings-growth ratio of 0.88 and a beta of 0.77. The business has a 50-day moving average of GEL 12,558.13 and a two-hundred day moving average of GEL 11,374.21.

Lion Finance Group (LON:BGEO) last posted its earnings results on Tuesday, August 11th. The company reported GEL 778.58 EPS for the quarter. Lion Finance Group had a return on equity of 27.08% and a net margin of 35.77%. As a group, equities analysts expect that Lion Finance Group PLC will post 1221.6828479 EPS for the current year.

About Lion Finance Group

Lion Finance Group PLC (formerly Bank of Georgia Group PLC) is a FTSE 100 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. 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.