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

Key Points

• Majedie Investments' stock price has dropped below its 200-day moving average of GBX 254.20, indicating a potential bearish trend.
• The current trading price of Majedie Investments is GBX 242 ($3.27), with a P/E ratio of 4.67 and a market capitalization of £128.36 million.
• Managed by Marylebone Partners LLP, Majedie Investments comprises a diverse portfolio including special investments and niche manager allocations.

Majedie Investments (LON:MAJE - )'s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 254.20 ($3.43) and traded as low as GBX 228.60 ($3.09). Majedie Investments shares last traded at GBX 242 ($3.27), with a volume of 27,647 shares.

Majedie Investments Price Performance

The firm's 50 day moving average is GBX 245.97 and its 200 day moving average is GBX 254.20. The firm has a market cap of £128.36 million, a P/E ratio of 4.67 and a beta of 0.87.

Majedie Investments Company Profile

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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