Investec Group (LON:INVP) Stock Crosses Above 200 Day Moving Average of $523.51

Investec Group (LON:INVP)’s share price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 523.51 ($6.64) and traded as high as GBX 567.50 ($7.20). Investec Group shares last traded at GBX 565 ($7.17), with a volume of 613,004 shares changing hands.

Investec Group Stock Up 1.5 %

The stock has a fifty day moving average of GBX 539.59 and a 200-day moving average of GBX 524.02. The firm has a market capitalization of £3.70 billion, a P/E ratio of 785.62, a P/E/G ratio of 0.67 and a beta of 1.09.

Investec Group Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, September 6th. Stockholders of record on Thursday, August 22nd will be paid a dividend of GBX 19 ($0.24) per share. This is a boost from Investec Group’s previous dividend of $15.50. This represents a dividend yield of 3.43%. The ex-dividend date is Thursday, August 22nd. Investec Group’s dividend payout ratio (DPR) is currently 4,520.55%.

Insider Transactions at Investec Group

In other news, insider Fani Titi sold 53,846 shares of the stock in a transaction dated Wednesday, June 5th. The shares were sold at an average price of GBX 520 ($6.60), for a total transaction of £279,999.20 ($355,193.71). In other news, insider Fani Titi sold 53,846 shares of the stock in a transaction that occurred on Wednesday, June 5th. The stock was sold at an average price of GBX 520 ($6.60), for a total value of £279,999.20 ($355,193.71). Also, insider Nishlan Samujh sold 152,486 shares of the firm’s stock in a transaction on Wednesday, June 19th. The shares were sold at an average price of GBX 580 ($7.36), for a total transaction of £884,418.80 ($1,121,931.75). Insiders have sold a total of 287,667 shares of company stock valued at $158,410,660 over the last 90 days. 5.10% of the stock is owned by corporate insiders.

About Investec Group

Investec Group provides various financial products and services in the United Kingdom, South Africa, and internationally. The company offers wealth and investment products and services, including portfolio management, wealth management, fund management, and custody related services; discretionary wealth management, financial planning, stockbroking, and investment advisory services for private clients, charities, and trusts.