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Majedie Investments (LON:MAJE) Stock Price Passes Below 200 Day Moving Average - Time to Sell?

Majedie Investments logo with Financial Services background

Key Points

  • Majedie Investments' stock price fell below its 200-day moving average, trading as low as GBX 228.09 ($3.06) while last trading at GBX 233.90 ($3.14).
  • The firm has a market capitalization of £125.51 million and a notably high P/E ratio of 2,888.01.
  • Majedie Investments is an investment trust founded in 1910, managed by Marylebone Partners LLP, investing in a diverse portfolio including hard-to-access investments and public companies.
  • Interested in Majedie Investments? Here are five stocks we like better.

Shares of Majedie Investments (LON:MAJE - Get Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 252.61 ($3.42) and traded as low as GBX 228.09 ($3.09). Majedie Investments shares last traded at GBX 233.90 ($3.17), with a volume of 17,020 shares trading hands.

Majedie Investments Price Performance

The business has a 50-day simple moving average of GBX 243.32 and a 200-day simple moving average of GBX 251.68. The firm has a market capitalization of £122.96 million, a PE ratio of 2,829.27 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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