Investec Group (LON:INVP) Hits New 52-Week High at $594.50

Investec Group (LON:INVP)’s share price hit a new 52-week high during trading on Monday . The stock traded as high as GBX 594.50 ($7.54) and last traded at GBX 594 ($7.54), with a volume of 294450 shares trading hands. The stock had previously closed at GBX 573.50 ($7.28).

Investec Group Stock Up 3.1 %

The stock has a market cap of £3.81 billion, a PE ratio of 785.62, a price-to-earnings-growth ratio of 0.67 and a beta of 1.09. The firm has a 50 day moving average price of GBX 539.59 and a 200 day moving average price of GBX 524.40.

Investec Group Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, September 6th. Shareholders of record on Thursday, August 22nd will be paid a GBX 19 ($0.24) dividend. This represents a yield of 3.43%. The ex-dividend date is Thursday, August 22nd. This is a positive change from Investec Group’s previous dividend of $15.50. Investec Group’s payout ratio is 4,520.55%.

Insider Buying and Selling at Investec Group

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

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.