Free Trial

Investec Group (LON:INVP) Share Price Crosses Above Two Hundred Day Moving Average - Should You Sell?

Investec Group logo with Financial Services background

Investec Group (LON:INVP - Get Free Report)'s share price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 507.73 ($6.97) and traded as high as GBX 540 ($7.41). Investec Group shares last traded at GBX 529.84 ($7.27), with a volume of 1,630,436 shares trading hands.

Investec Group Stock Up 2.3%

The stock has a 50-day moving average of GBX 499.51 and a 200 day moving average of GBX 507.73. The stock has a market cap of £4.48 billion, a PE ratio of 8.13, a P/E/G ratio of 0.67 and a beta of 1.05.

Investec Group (LON:INVP - Get Free Report) last posted its quarterly earnings results on Thursday, May 22nd. The company reported GBX 79.10 ($1.09) earnings per share (EPS) for the quarter. Investec Group had a net margin of 43.98% and a return on equity of 11.67%. Research analysts forecast that Investec Group will post 70.0000031 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Stephen Koseff sold 38,650 shares of the firm's stock in a transaction that occurred on Tuesday, May 27th. The shares were sold at an average price of GBX 513 ($7.04), for a total transaction of £198,274.50 ($272,093.45). Also, insider Fani Titi sold 11,210 shares of the business's stock in a transaction that occurred on Tuesday, May 27th. The stock was sold at an average price of GBX 513 ($7.04), for a total transaction of £57,507.30 ($78,917.66). Over the last three months, insiders sold 868,381 shares of company stock worth $455,086,607. 4.96% of the stock is owned by company insiders.

Investec Group Company Profile

(Get Free Report)

Investec Group engages in the provision of various financial products and services in South Africa, the United Kingdom, and internationally. The company provides private banking services; wealth services, including wealth and portfolio management, stockbroking, and offshore and retirement investment, and intergenerational wealth solutions; savings accounts; personal and property financing, and finance for practice; and insurance solutions covering severe illness, disability, life, mortgage and income protection, and business overloads.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Investec Group Right Now?

Before you consider Investec Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Investec Group wasn't on the list.

While Investec Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks That Could Be Bigger Than Tesla, Nvidia, and Google Cover

Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

NVIDIA: Another 200% Growth Ahead? (PLUS 2 Companies Riding Along)
3 Rising Stocks You’ll Want on Your Watchlist
Trillions in Defense Spending—3 Disruptive Stocks Set to Double

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines