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Majedie Investments (LON:MAJE) Shares Cross Below 200-Day Moving Average - Here's Why

Majedie Investments logo with Financial Services background

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.
  • Looking to export and analyze Majedie Investments data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Majedie Investments (LON:MAJE - Get Free Report) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 256.36 ($3.41) and traded as low as GBX 244 ($3.24). Majedie Investments shares last traded at GBX 245.70 ($3.27), with a volume of 114,742 shares.

Majedie Investments Stock Performance

The firm has a fifty day moving average of GBX 244.87 and a two-hundred day moving average of GBX 255.84. The company has a market cap of £130.48 million, a PE ratio of 4.75 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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