Investec Group (LON:INVP) Shares Pass Above 200 Day Moving Average – Here’s Why

Investec Group (LON:INVPGet Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 605.70 and traded as high as GBX 611.50. Investec Group shares last traded at GBX 607.50, with a volume of 1,188,074 shares traded.

Investec Group Stock Up 0.8%

The company has a market capitalization of £5.36 billion, a price-to-earnings ratio of 8.10, a P/E/G ratio of 0.67 and a beta of 0.45. The stock has a 50 day simple moving average of GBX 623.92 and a 200 day simple moving average of GBX 605.70.

Investec Group (LON:INVPGet Free Report) last announced its quarterly earnings results on Thursday, May 21st. The company reported GBX 79.10 earnings per share for the quarter. The business had revenue of GBX 133.57 billion for the quarter. Investec Group had a return on equity of 13.48% and a net margin of 15.36%. As a group, analysts forecast that Investec Group will post 70.0000031 EPS for the current year.

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.

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