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Majedie Investments (LON:MAJE) Share Price Crosses Below Two Hundred Day Moving Average - Here's What Happened

Majedie Investments logo with Financial Services background

Majedie Investments (LON:MAJE - Get Free Report) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 258.55 ($3.51) and traded as low as GBX 246 ($3.34). Majedie Investments shares last traded at GBX 248 ($3.37), with a volume of 123,407 shares.

Majedie Investments Price Performance

The company's 50-day moving average is GBX 255.31 and its 200-day moving average is GBX 258.54. The firm has a market capitalization of £129.42 million, a price-to-earnings ratio of 4.71 and a beta of 0.87.

Majedie Investments Company Profile

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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.

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