Investec Group (LON:INVP) Stock Passes Above 200 Day Moving Average – What’s Next?

Investec Group (LON:INVP)’s share price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 572.52 ($7.22) and traded as high as GBX 612 ($7.71). Investec Group shares last traded at GBX 609.50 ($7.68), with a volume of 526,425 shares.

Investec Group Trading Down 0.8 %

The firm has a 50-day simple moving average of GBX 586.27 and a 200-day simple moving average of GBX 572.78. The firm has a market cap of £3.93 billion, a P/E ratio of 896.32, a PEG ratio of 0.67 and a beta of 1.05.

Insider Buying and Selling

In other Investec Group news, insider Stephen Koseff sold 31,995 shares of Investec Group stock in a transaction dated Wednesday, August 21st. The stock was sold at an average price of GBX 591 ($7.45), for a total value of £189,090.45 ($238,299.24). Insiders sold 320,552 shares of company stock worth $185,512,105 in the last three months. 4.96% of the stock is owned by insiders.

About Investec Group

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.