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Majedie Investments (LON:MAJE) Shares Cross Below 200-Day Moving Average - Should You Sell?

Majedie Investments logo with Financial Services background

Majedie Investments (LON:MAJE - Get Free Report) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 257.22 ($3.46) and traded as low as GBX 241.31 ($3.24). Majedie Investments shares last traded at GBX 241.31 ($3.24), with a volume of 2,137 shares traded.

Majedie Investments Trading Up 0.8%

The firm's 50-day simple moving average is GBX 247.42 and its 200 day simple moving average is GBX 256.74. The stock has a market cap of £130.48 million, a P/E ratio of 4.75 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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