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Investec Group (LON:INVP) Share Price Crosses Above 200-Day Moving Average - Should You Sell?

Investec Group logo with Financial Services background

Investec Group (LON:INVP - Get Free Report)'s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 512.45 ($6.98) and traded as high as GBX 536 ($7.30). Investec Group shares last traded at GBX 523.50 ($7.13), with a volume of 775,126 shares trading hands.

Investec Group Price Performance

The firm has a market cap of £4.41 billion, a P/E ratio of 8.00, a price-to-earnings-growth ratio of 0.67 and a beta of 1.05. The company's 50-day simple moving average is GBX 483.74 and its 200 day simple moving average is GBX 512.51.

Investec Group (LON:INVP - Get Free Report) last announced its quarterly earnings results on Thursday, May 22nd. The company reported GBX 79.10 ($1.08) EPS for the quarter. Investec Group had a net margin of 43.98% and a return on equity of 11.67%. Analysts anticipate that Investec Group will post 70.0000031 EPS for the current fiscal year.

Insider Activity

In other news, insider Fani Titi sold 156,635 shares of the firm's stock in a transaction on Friday, May 30th. The stock was sold at an average price of GBX 532 ($7.24), for a total transaction of £833,298.20 ($1,134,510.82). Also, insider Nishlan Samujh sold 12,900 shares of the firm's stock in a transaction dated Thursday, June 5th. The shares were sold at an average price of GBX 519 ($7.07), for a total transaction of £66,951 ($91,151.80). Over the last 90 days, insiders have sold 868,381 shares of company stock valued at $455,086,607. 4.96% of the stock is currently 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.

See Also

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