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Majedie Investments (LON:MAJE) Stock Passes Above 50-Day Moving Average - Should You Sell?

Majedie Investments logo with Financial Services background

Key Points

  • Majedie Investments shares crossed above their 50-day moving average of GBX 245.39 during trading, reaching a high of GBX 251.27.
  • The stock is currently up 1.6%, with a market capitalization of £132.51 million and a price-to-earnings ratio of 4.82.
  • Majedie Investments is managed by Marylebone Partners LLP, focusing on a portfolio of special investments, niche manager allocations, and publicly-listed companies.
  • Looking to export and analyze Majedie Investments data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Majedie Investments (LON:MAJE - Get Free Report) shares crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 245.39 ($3.32) and traded as high as GBX 251.27 ($3.40). Majedie Investments shares last traded at GBX 246 ($3.33), with a volume of 18,744 shares traded.

Majedie Investments Stock Performance

The business's 50 day moving average is GBX 245.97 and its 200-day moving average is GBX 255.24. The stock has a market cap of £130.48 million, a price-to-earnings ratio of 4.75 and a beta of 0.87.

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.

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