Investec Group (LON:INVP) Reaches New 1-Year High – Time to Buy?

Shares of Investec Group (LON:INVP) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 623.50 ($8.12) and last traded at GBX 623.34 ($8.11), with a volume of 284265 shares changing hands. The stock had previously closed at GBX 608.50 ($7.92).

Investec Group Stock Performance

The company has a market capitalization of £4.01 billion, a PE ratio of 899.26, a P/E/G ratio of 0.67 and a beta of 1.05. The business has a fifty day moving average price of GBX 580.85 and a 200 day moving average price of GBX 568.41.

Insider Buying and Selling at Investec Group

In other news, insider Stephen Koseff sold 31,995 shares of Investec Group stock in a transaction dated Wednesday, August 21st. The stock was sold at an average price of GBX 591 ($7.69), for a total transaction of £189,090.45 ($246,147.42). Insiders sold 320,552 shares of company stock valued at $185,512,105 over the last 90 days. 4.96% of the stock is owned by corporate 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.