TBC Bank Group (LON:TBCG) Shares Up 1.7% – Here’s What Happened

TBC Bank Group PLC (LON:TBCG)’s share price was up 1.7% during mid-day trading on Monday . The stock traded as high as GBX 3,605 ($44.87) and last traded at GBX 3,600 ($44.81). Approximately 41,775 shares traded hands during trading, a decline of 67% from the average daily volume of 127,663 shares. The stock had previously closed at GBX 3,540 ($44.06).

TBC Bank Group Price Performance

The stock has a market cap of £2.21 billion, a P/E ratio of 659.54, a price-to-earnings-growth ratio of 0.80 and a beta of 1.07. The stock’s 50-day moving average is GBX 3,188.59 and its two-hundred day moving average is GBX 2,998.64.

Insider Buying and Selling

In other TBC Bank Group news, insider Nino (Venera) Suknidze sold 4,894 shares of TBC Bank Group stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of GBX 3,250 ($40.45), for a total transaction of £159,055 ($197,977.35). 23.77% of the stock is owned by company insiders.

About TBC Bank Group

TBC Bank Group PLC (“TBC PLC”) is a public limited company registered in England and Wales. TBC PLC is the parent company of JSC TBC Bank (“TBC Bank”) and a group of companies that principally operate in Georgia in the financial sector. TBC Bank, together with its subsidiaries, is a leading universal banking group in Georgia.