Majedie Investments (LON:MAJE) Reaches New 12-Month High – Should You Buy?

Majedie Investments (LON:MAJEGet Free Report) shares reached a new 52-week high on Friday . The company traded as high as GBX 339 and last traded at GBX 326.90, with a volume of 2409 shares changing hands. The stock had previously closed at GBX 325.50.

Majedie Investments Stock Up 0.4%

The business’s 50-day simple moving average is GBX 315.27 and its two-hundred day simple moving average is GBX 291.45. The firm has a market cap of £173.25 million, a price-to-earnings ratio of 6.93 and a beta of 0.54.

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

Majedie Investments Company Profile

(Get Free Report)

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.

Further Reading

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