Bank of Georgia Group (OTCMKTS:BDGSF) Sets New 52-Week High – Here’s Why

Shares of Bank of Georgia Group PLC (OTCMKTS:BDGSF) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $63.00 and last traded at $63.00, with a volume of 0 shares traded. The stock had previously closed at $63.00.

Bank of Georgia Group Stock Performance

The stock has a 50-day simple moving average of $53.70 and a 200 day simple moving average of $54.72.

Bank of Georgia Group (OTCMKTS:BDGSF) last released its earnings results on Thursday, August 22nd. The company reported $3.56 EPS for the quarter. Bank of Georgia Group had a return on equity of 30.79% and a net margin of 50.16%. The firm had revenue of $352.64 million during the quarter.

About Bank of Georgia Group

Bank of Georgia Group PLC, through its subsidiaries, provides banking and financial services with focus on the Georgian and Armenian markets. It operates through Retail Banking, SME Banking, Corporate Investment Banking, and BNB segments. The Retail Banking segment offers consumer loans, mortgage loans, overdrafts, credit cards, and other credit facilities; funds transfer and settlement services; and handles customers' deposits for individuals and legal entities.