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

Investec Group (LON:INVP) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 617.94 and traded as high as GBX 682. Investec Group shares last traded at GBX 672, with a volume of 1,785,681 shares changing hands.

Investec Group Price Performance

The company has a market cap of £4.22 billion, a PE ratio of 8.92, a price-to-earnings-growth ratio of 0.67 and a beta of 0.45. The company’s 50 day simple moving average is GBX 629.20 and its two-hundred day simple moving average is GBX 617.94.

Investec Group (LON:INVP) last released its quarterly earnings results on Thursday, May 21st. The company reported GBX 79.10 earnings per share (EPS) for the quarter. Investec Group had a net margin of 15.36% and a return on equity of 13.48%. The business had revenue of GBX 133.57 billion for the quarter. Sell-side analysts expect that Investec Group will post 70.0000031 EPS for the current fiscal year.

Investec Group Company Profile

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.