Free Trial

Majedie Investments (LON:MAJE) Stock Price Crosses Below 200 Day Moving Average - What's Next?

Majedie Investments logo with Financial Services background

Key Points

  • Majedie Investments' shares have dropped below their 200-day moving average, which is currently at GBX 250.98 ($3.40), with the stock trading at GBX 240.18 ($3.26).
  • The company has a market capitalization of £127.29 million and an exceptionally high PE ratio of 2,929.05.
  • Founded in 1910, Majedie Investments is an investment trust managed by Marylebone Partners LLP, focusing on niche global investments.
  • MarketBeat previews the top five stocks to own by October 1st.

Majedie Investments (LON:MAJE - Get Free Report)'s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 250.98 ($3.41) and traded as low as GBX 238.96 ($3.25). Majedie Investments shares last traded at GBX 240.18 ($3.27), with a volume of 85,932 shares traded.

Majedie Investments Stock Performance

The company has a market capitalization of £131.44 million, a price-to-earnings ratio of 3,024.39 and a beta of 0.87. The firm has a fifty day moving average price of GBX 242.35 and a 200-day moving average price of GBX 250.59.

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.

Recommended Stories

Should You Invest $1,000 in Majedie Investments Right Now?

Before you consider Majedie Investments, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Majedie Investments wasn't on the list.

While Majedie Investments currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Buy And Hold Forever Cover

Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.

Get This Free Report
Like this article? Share it with a colleague.