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Investec Group (LON:INVP) Shares Pass Above Two Hundred Day Moving Average - What's Next?

Investec Group logo with Financial Services background

Shares of Investec Group (LON:INVP - Get Free Report) passed 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 ($7.36), with a volume of 752,775 shares traded.

Investec Group Trading Up 1.3%

The firm has a market cap of £4.75 billion, a PE ratio of 8.61, a PEG ratio of 0.67 and a beta of 1.05. The firm's 50 day simple moving average is GBX 524.12 and its 200 day simple moving average is GBX 507.47.

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

Insider Buying and Selling at Investec Group

In related news, insider Nishlan Samujh sold 65,173 shares of the stock in a transaction dated Friday, June 6th. The shares were sold at an average price of GBX 524 ($7.03), for a total value of £341,506.52 ($458,398.01). Also, insider Fani Titi sold 100,546 shares of the firm's stock in a transaction dated Friday, June 6th. The stock was sold at an average price of GBX 524 ($7.03), for a total transaction of £526,861.04 ($707,196.03). In the last quarter, insiders sold 868,381 shares of company stock valued at $455,086,607. 4.96% of the stock is owned by insiders.

About Investec Group

(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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