Investec Group (OTCMKTS:ITCFY) Stock Passes Above 200 Day Moving Average – Here’s Why

Investec Group (OTCMKTS:ITCFYGet Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $15.73 and traded as high as $16.70. Investec Group shares last traded at $16.70, with a volume of 1 shares changing hands.

Investec Group Stock Performance

The company’s 50-day moving average price is $16.70 and its two-hundred day moving average price is $15.73.

Investec Group Increases Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, January 15th. Investors of record on Friday, December 13th will be issued a dividend of $0.42 per share. This is a boost from Investec Group’s previous dividend of $0.34. The ex-dividend date is Friday, December 13th. Investec Group’s dividend payout ratio (DPR) is presently 6.67%.

Investec Group Company Profile

(Get Free Report)

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.

Further Reading

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