Majedie Investments (LON:MAJE – Get Free Report) shares crossed above its fifty day moving average during trading on Wednesday. The stock has a fifty day moving average of GBX 343.64 and traded as high as GBX 348. Majedie Investments shares last traded at GBX 348, with a volume of 15,160 shares traded.
Majedie Investments Stock Performance
The firm has a market capitalization of £180.59 million, a price-to-earnings ratio of 7.22 and a beta of 0.72. The stock’s fifty day moving average is GBX 343.64 and its two-hundred day moving average is GBX 310.61.
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.
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