Investec Group (LON:INVP) Sets New 52-Week High – What’s Next?

Investec Group (LON:INVP) reached a new 52-week high on Thursday . The stock traded as high as GBX 610 and last traded at GBX 609.50, with a volume of 562740 shares. The stock had previously closed at GBX 593.

Investec Group Stock Performance

The company’s 50-day moving average is GBX 555.73 and its 200-day moving average is GBX 559.03. The firm has a market cap of £3.89 billion, a price-to-earnings ratio of 9.39, a P/E/G ratio of 0.67 and a beta of 1.05.

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