Investec Group (LON:INVP) Stock Passes Below 200 Day Moving Average – Time to Sell?

Investec Group (LON:INVP)’s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 553.43 and traded as low as GBX 548.50. Investec Group shares last traded at GBX 551.50, with a volume of 281,818 shares.

Investec Group Stock Performance

The firm has a market capitalization of £5.00 billion, a P/E ratio of 8.62, a PEG ratio of 0.67 and a beta of 1.05. The firm has a 50-day moving average of GBX 556.19 and a 200-day moving average of GBX 553.42.

Investec Group (LON:INVP) last announced 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%. On average, research analysts forecast that Investec Group will post 70.0000031 EPS 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.