Bank of Georgia Group (OTCMKTS:BDGSF) Hits New 52-Week High – Still a Buy?

Shares of Bank of Georgia Group PLC (OTCMKTS:BDGSF) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $62.70 and last traded at $62.70, with a volume of 100 shares changing hands. The stock had previously closed at $52.50.

Bank of Georgia Group Stock Performance

The firm’s 50-day moving average price is $52.81 and its two-hundred day moving average price is $54.66.

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

Bank of Georgia Group Company Profile

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.