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Investec Group (LON:INVP) Share Price Crosses Above Two Hundred Day Moving Average - Here's Why

Investec Group logo with Financial Services background

Investec Group (LON:INVP - Get Free Report) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 506.95 ($6.80) and traded as high as GBX 556 ($7.46). Investec Group shares last traded at GBX 548 ($7.35), with a volume of 752,775 shares trading hands.

Investec Group Stock Up 0.3%

The firm has a fifty day simple moving average of GBX 520.76 and a 200-day simple moving average of GBX 507.24. The company has a market capitalization of £4.65 billion, a P/E ratio of 8.43, a P/E/G ratio of 0.67 and a beta of 1.05.

Investec Group (LON:INVP - Get Free Report) last issued its quarterly earnings data on Thursday, May 22nd. The company reported GBX 79.10 ($1.06) EPS for the quarter. Investec Group had a return on equity of 11.67% and a net margin of 43.98%. On average, sell-side analysts predict that Investec Group will post 70.0000031 earnings per share for the current fiscal year.

Insider Activity

In other Investec Group news, insider Nishlan Samujh sold 65,173 shares of the company's stock in a transaction dated Friday, June 6th. The shares were sold at an average price of GBX 524 ($7.03), for a total transaction of £341,506.52 ($458,274.99). Also, insider Fani Titi sold 100,546 shares of the company's stock in a transaction that occurred on Friday, June 6th. The shares were sold at an average price of GBX 524 ($7.03), for a total transaction of £526,861.04 ($707,006.23). Insiders have sold a total of 868,381 shares of company stock worth $455,086,607 over the last ninety days. 4.96% of the stock is owned by 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

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