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

Investec Group (LON:INVPGet Free Report)’s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 570.83 and traded as high as GBX 648. Investec Group shares last traded at GBX 648, with a volume of 925,180 shares.

Investec Group Price Performance

The company has a market capitalization of £5.73 billion, a P/E ratio of 9.97, a price-to-earnings-growth ratio of 0.67 and a beta of 1.05. The firm has a fifty day moving average price of GBX 593.86 and a 200-day moving average price of GBX 570.83.

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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