Bank of Georgia Group (OTCMKTS:BDGSF) Sets New 52-Week Low – What’s Next?

Bank of Georgia Group PLC (OTCMKTS:BDGSF) hit a new 52-week low during trading on Wednesday . The company traded as low as $49.00 and last traded at $49.00, with a volume of 0 shares trading hands. The stock had previously closed at $49.00.

Bank of Georgia Group Stock Performance

The firm has a 50 day moving average price of $53.00 and a two-hundred day moving average price of $55.18. The company has a market cap of $2.58 billion, a P/E ratio of 2.94 and a beta of 0.66.

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