Investec Group (LON:INVP) Shares Up 0.2% – Should You Buy?

Shares of Investec Group (LON:INVP) traded up 0.2% during mid-day trading on Friday. The company traded as high as GBX 620 and last traded at GBX 615. Approximately 41,431,246 shares traded 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 Trading Up 0.2%

The stock has a market capitalization of £3.85 billion, a P/E ratio of 8.20, a price-to-earnings-growth ratio of 0.67 and a beta of 0.45. The business has a fifty day simple moving average of GBX 624.59 and a 200 day simple moving average of GBX 622.96.

Insiders Place Their Bets

In other news, insider Nishlan Samujh sold 117,105 shares of the company’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 £760,011.45. Also, insider Fani Titi sold 236,022 shares of the company’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 £1,531,782.78. 0.47% 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.