Majedie Investments (LON:MAJE) Sets New 52-Week High – Here’s Why

Majedie Investments (LON:MAJE – Get Free Report)’s share price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 341 and last traded at GBX 330, with a volume of 111049 shares. The stock had previously closed at GBX 330.

Majedie Investments Stock Performance

The firm has a market cap of £174.90 million, a P/E ratio of 6.99 and a beta of 0.72. The firm’s fifty day moving average price is GBX 327.03 and its 200 day moving average price is GBX 301.51.

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. Its focus on differentiated return sources provides a degree of risk diversification without diluting return potential.

Opportunities come from the skilled investment team and Marylebone’s global network of managers, practitioners and investors.

Further Reading

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