TBC Bank Group (LON:TBCG) Shares Down 9.8% – Time to Sell?

TBC Bank Group PLC (LON:TBCGGet Free Report) shares dropped 9.8% during mid-day trading on Monday . The company traded as low as GBX 2,450 ($31.81) and last traded at GBX 2,600 ($33.76). Approximately 5,895,937 shares traded hands during trading, an increase of 5,836% from the average daily volume of 99,324 shares. The stock had previously closed at GBX 2,883.08 ($37.43).

TBC Bank Group Stock Performance

The business’s fifty day simple moving average is GBX 2,812.30 and its 200-day simple moving average is GBX 2,826.62. The firm has a market capitalization of £1.43 billion, a PE ratio of 472.04, a price-to-earnings-growth ratio of 0.80 and a beta of 1.07.

About TBC Bank Group

(Get Free Report)

TBC Bank Group PLC, through its subsidiaries, provides banking, leasing, brokerage, insurance, and card processing services to corporate and individual customers in Georgia, Azerbaijan, and Uzbekistan. The company operates through Retail; Corporate; and Micro, Small and Medium Enterprises segments. It offers mortgage, digital, consumer, car, overdraft, and pawnshop loans; and term deposits, mortgage, credit cards; current, and nominee account services.

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