Investec Group (OTCMKTS:ITCFY) Shares Down 11.8% – Here’s What Happened

Investec Group (OTCMKTS:ITCFY – Get Free Report)’s stock price fell 11.8% during trading on Wednesday. The company traded as low as $15.66 and last traded at $15.66. 190 shares changed hands during mid-day trading, a decline of 16% from the average daily volume of 225 shares. The stock had previously closed at $17.75.

Investec Group Stock 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.

Investec Group Company Profile

(Get Free Report)

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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