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Majedie Investments (LON:MAJE) Stock Crosses Below 200 Day Moving Average - Here's What Happened

Majedie Investments logo with Financial Services background

Majedie Investments (LON:MAJE - Get Free Report)'s share price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 257.26 ($3.49) and traded as low as GBX 236 ($3.20). Majedie Investments shares last traded at GBX 242 ($3.29), with a volume of 77,427 shares.

Majedie Investments Stock Performance

The business's fifty day simple moving average is GBX 259.38 and its 200 day simple moving average is GBX 257.52. The stock has a market cap of £128.36 million, a price-to-earnings ratio of 4.67 and a beta of 0.87.

About Majedie Investments

(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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