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Majedie Investments (LON:MAJE) Stock Passes Above Fifty Day Moving Average - Here's What Happened

Majedie Investments logo with Financial Services background

Majedie Investments (LON:MAJE - Get Free Report)'s stock price crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 257.26 ($3.41) and traded as high as GBX 278 ($3.69). Majedie Investments shares last traded at GBX 272 ($3.61), with a volume of 43,699 shares trading hands.

Majedie Investments Stock Performance

The company has a 50 day simple moving average of GBX 256.77 and a 200 day simple moving average of GBX 252.07. The company has a market capitalization of £142.89 million, a PE ratio of 5.20 and a beta of 0.87.

Insider Buying and Selling at Majedie Investments

In other Majedie Investments news, insider Jane Lewis bought 3,000 shares of the business's stock in a transaction on Monday, March 10th. The stock was bought at an average price of GBX 252 ($3.34) per share, with a total value of £7,560 ($10,031.85). 63.73% of the stock is owned by insiders.

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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