Investec Group (LON:INVP) Share Price Passes Above 200 Day Moving Average – Here’s Why

Investec Group (LON:INVP)’s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 564.14 and traded as high as GBX 618.50. Investec Group shares last traded at GBX 615.50, with a volume of 613,795 shares traded.

Investec Group Stock Up 1.2%

The firm has a market capitalization of £5.44 billion, a P/E ratio of 9.47, a P/E/G ratio of 0.67 and a beta of 1.05. The company has a fifty day simple moving average of GBX 568.55 and a 200 day simple moving average of GBX 564.14.

Investec Group (LON:INVP) last posted its quarterly earnings results on Thursday, November 20th. The company reported GBX 40.50 earnings per share (EPS) for the quarter. Investec Group had a return on equity of 11.67% and a net margin of 43.98%. As a group, equities analysts expect that Investec Group will post 70.0000031 earnings per share for the current fiscal year.

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.