Investec Group (LON:INVP) Reaches New 52-Week High - Should You Buy?

Shares of Investec Group (LON:INVP - Get Free Report) reached a new 52-week high on Tuesday . The stock traded as high as GBX 627.50 ($7.95) and last traded at GBX 617.50 ($7.83), with a volume of 36407 shares trading hands. The stock had previously closed at GBX 615.50 ($7.80).

Investec Group Stock Down 0.3 %

The company has a fifty day moving average price of GBX 587.22 and a two-hundred day moving average price of GBX 574.23. The firm has a market capitalization of £3.96 billion, a price-to-earnings ratio of 902.21, a P/E/G ratio of 0.67 and a beta of 1.05.

Insiders Place Their Bets

In other news, insider Stephen Koseff sold 95,000 shares of the company's stock in a transaction that occurred on Friday, August 23rd. The stock was sold at an average price of GBX 572 ($7.25), for a total transaction of £543,400 ($688,807.20). In the last three months, insiders have sold 320,552 shares of company stock valued at $185,512,105. Insiders own 4.96% of the company's stock.

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.