Bank of Georgia Group PLC (LON:BGEO) experienced a notable increase in its stock price on Thursday, surpassing its 200-day moving average. The stock reached a high of GBX 4,740 ($58.00) before closing at GBX 4,610 ($56.41), with a trading volume of 34,430 shares.
The 200-day moving average stands at GBX 4,353.88 ($53.27), while the 50-day moving average is GBX 4,708.73. The company boasts a market capitalization of £2.06 billion and a P/E ratio of 354.89.
Bank of Georgia Group PLC operates as a holding company in the FTSE 250, focusing on banking and financial services in the rapidly growing Georgian and Armenian markets through its subsidiaries, including Bank of Georgia and Ameriabank.