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

Investec Group (LON:INVP) shares reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 665.50 and last traded at GBX 646.50, with a volume of 3160479 shares changing hands. The stock had previously closed at GBX 652.50.

Investec Group Price Performance

The company’s fifty day simple moving average is GBX 613.36 and its 200-day simple moving average is GBX 592.87. The firm has a market capitalization of £5.70 billion, a PE ratio of 9.94, a P/E/G ratio of 0.67 and a beta of 0.48.

Investec Group (LON:INVP) last released its quarterly earnings data on Thursday, May 21st. The company reported GBX 79.10 earnings per share (EPS) for the quarter. Investec Group had a net margin of 15.36% and a return on equity of 13.48%. The firm had revenue of GBX 133.58 billion during the quarter. Analysts forecast that Investec Group will post 70.0000031 earnings per share for the current year.

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.