Majedie Investments (LON:MAJE) Sets New 52-Week High – Here’s What Happened

Majedie Investments (LON:MAJE) reached a new 52-week high during trading on Wednesday . The company traded as high as GBX 338 and last traded at GBX 334.54, with a volume of 6740 shares trading hands. The stock had previously closed at GBX 326.

Majedie Investments Price Performance

The company’s 50-day moving average is GBX 323.09 and its 200-day moving average is GBX 295.95. The firm has a market capitalization of £177.30 million, a price-to-earnings ratio of 7.09 and a beta of 0.72.

Majedie Investments (LON:MAJE) last issued its quarterly earnings results on Thursday, May 28th. The company reported GBX (0.30) EPS for the quarter. The company had revenue of GBX 41 million for the quarter. Majedie Investments had a return on equity of 15.50% and a net margin of 89.91%.

Majedie Investments Company Profile

Majedie Investments PLC is an investment trust founded in 1910 and managed by Marylebone Partners LLP.

Marylebone Partners combines investments from three complementary strategies sourced from around the globe into a single portfolio comprising hard-to-access special investments, external niche manager allocations and investments in publicly-listed companies. Its focus on differentiated return sources provides a degree of risk diversification without diluting return potential.

Opportunities come from the skilled investment team and Marylebone’s global network of managers, practitioners and investors.