Shares of Investec Group (OTCMKTS:ITCFY – Get Free Report) passed below its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $16.65 and traded as low as $15.66. Investec Group shares last traded at $15.66, with a volume of 190 shares.
Investec Group Trading Down 11.8%
The firm’s 50-day simple moving average is $17.53 and its two-hundred day simple moving average is $16.65.
About Investec Group
Investec Group is an international specialist bank and asset manager founded in South Africa in 1974. The group provides financial services to private clients, businesses, institutions and intermediaries through its banking and wealth and investment management operations.
Its banking activities include private banking, corporate and investment banking, real estate finance, structured lending, treasury services and investment solutions. Its wealth and investment management businesses provide portfolio management, financial planning, advisory services and related investment products for individuals, families, charities and institutional clients.
Investec serves clients primarily in the United Kingdom, South Africa and other selected international markets, including Ireland and Switzerland.
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