Investec Group (LON:INVP) Shares Climb 0.2% – Still a Buy?

Investec Group (LON:INVP) shares traded up 0.2% during mid-day trading on Friday. The company traded as high as GBX 620 and last traded at GBX 615. 41,431,246 shares changed hands during trading, an increase of 325% from the average daily volume of 9,758,886 shares. The stock had previously closed at GBX 613.50.

Investec Group Price Performance

The company’s fifty day simple moving average is GBX 624.59 and its 200-day simple moving average is GBX 622.96. The firm has a market capitalization of £3.85 billion, a PE ratio of 8.20, a price-to-earnings-growth ratio of 0.67 and a beta of 0.45.

Insider Activity at Investec Group

In other Investec Group news, insider Fani Titi sold 236,022 shares of the firm’s stock in a transaction on Tuesday, September 22nd. The shares were sold at an average price of GBX 649, for a total value of £1,531,782.78. Also, insider Nishlan Samujh sold 117,105 shares of the firm’s stock in a transaction on Tuesday, September 22nd. The stock was sold at an average price of GBX 649, for a total transaction of £760,011.45. 0.47% of the stock is currently owned by insiders.

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.