Majedie Investments (LON:MAJE) Stock Price Passes Below Two Hundred Day Moving Average - Should You Sell?

Key Points

• Majedie Investments' share price has fallen below its 200-day moving average of GBX 256.36, trading recently at GBX 245.70 ($3.26).
• The company has a market capitalization of £130.32 million and a low price-to-earnings ratio of 4.74.
• Majedie Investments PLC is an investment trust founded in 1910 and is managed by Marylebone Partners LLP.

Majedie Investments (LON:MAJE - )'s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 256.36 ($3.40) and traded as low as GBX 244 ($3.24). Majedie Investments shares last traded at GBX 245.70 ($3.26), with a volume of 114,742 shares.

Majedie Investments Stock Performance

The company's fifty day moving average price is GBX 245.31 and its 200 day moving average price is GBX 256.24. The firm has a market capitalization of £130.32 million, a price-to-earnings ratio of 4.74 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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