Bank of Georgia Group (LON:BGEO) Posts Quarterly Earnings Results

Bank of Georgia Group (LON:BGEO) released its quarterly earnings results on Tuesday. The company reported GBX 1,612.18 ($20.45) earnings per share for the quarter, Digital Look Earnings reports. Bank of Georgia Group had a return on equity of 38.89% and a net margin of 73.73%.

Bank of Georgia Group Stock Down 2.5 %

Bank of Georgia Group stock traded down GBX 137.63 ($1.75) during mid-day trading on Thursday, hitting GBX 5,452.37 ($69.15). 78,968 shares of the company’s stock traded hands, compared to its average volume of 78,989. Bank of Georgia Group has a one year low of GBX 3,540.24 ($44.90) and a one year high of GBX 5,930 ($75.21). The firm has a 50 day moving average price of GBX 4,796.62 and a 200 day moving average price of GBX 4,478.51. The company has a market cap of £2.41 billion, a PE ratio of 1.05, a price-to-earnings-growth ratio of 0.88 and a beta of 1.05.

About Bank of Georgia Group

Bank of Georgia Group PLC is a FTSE 250 holding company whose subsidiaries provide banking and financial services focused 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.