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Investec Group (LON:INVP) Stock 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 passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 506.41 ($6.89) and traded as high as GBX 555 ($7.55). Investec Group shares last traded at GBX 541 ($7.36), with a volume of 773,651 shares traded.

Investec Group Stock Up 0.6%

The firm has a market cap of £4.61 billion, a P/E ratio of 8.35, a P/E/G ratio of 0.67 and a beta of 1.05. The company's 50 day simple moving average is GBX 510.33 and its 200-day simple moving average is GBX 506.41.

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

Insider Activity at Investec Group

In other news, insider Nishlan Samujh sold 65,173 shares of the business's stock in a transaction on Friday, June 6th. The shares were sold at an average price of GBX 524 ($7.13), for a total transaction of £341,506.52 ($464,824.45). Also, insider Stephen Koseff sold 38,650 shares of the company's stock in a transaction on Tuesday, May 27th. The shares were sold at an average price of GBX 513 ($6.98), for a total transaction of £198,274.50 ($269,871.38). Insiders have sold a total of 868,381 shares of company stock valued at $455,086,607 over the last ninety days. 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

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