Investec Group (LON:INVP) Shares Pass Above 200 Day Moving Average - Time to Sell?

Investec Group (LON:INVP - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 572.52 ($7.22) and traded as high as GBX 612 ($7.71). Investec Group shares last traded at GBX 609.50 ($7.68), with a volume of 526,425 shares changing hands.

Investec Group Stock Down 0.8 %

The stock has a market cap of £3.93 billion, a P/E ratio of 896.32, a PEG ratio of 0.67 and a beta of 1.05. The stock has a fifty day simple moving average of GBX 586.27 and a 200-day simple moving average of GBX 572.78.

Insider Buying and Selling

In other Investec Group news, insider Stephen Koseff sold 95,000 shares of Investec Group stock in a transaction dated Friday, August 23rd. The stock was sold at an average price of GBX 572 ($7.21), for a total transaction of £543,400 ($684,814.11). Insiders have sold 320,552 shares of company stock valued at $185,512,105 in the last 90 days. 4.96% of the stock is owned by insiders.

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.