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Majedie Investments (LON:MAJE) Stock Price Passes Above 50 Day Moving Average - Should You Sell?

Majedie Investments logo with Financial Services background

Key Points

  • Majedie Investments' stock price has recently surpassed its 50-day moving average, currently trading at GBX 256 ($3.46).
  • The company has a market capitalization of £133.92 million and a notably high PE ratio of 3,081.62.
  • Founded in 1910, Majedie Investments is managed by Marylebone Partners LLP, focusing on a portfolio of global investment strategies.
  • Five stocks we like better than Majedie Investments.

Majedie Investments (LON:MAJE - Get Free Report)'s share price crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 242.36 ($3.28) and traded as high as GBX 256 ($3.46). Majedie Investments shares last traded at GBX 256 ($3.46), with a volume of 36,481 shares changing hands.

Majedie Investments Price Performance

The company has a market capitalization of £133.92 million, a PE ratio of 3,081.62 and a beta of 0.87. The firm has a 50-day moving average of GBX 242.36 and a 200 day moving average of GBX 250.19.

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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