Majedie Investments (LON:MAJE – Get Free Report)’s share price was down 0.6% on Friday. The company traded as low as GBX 344 and last traded at GBX 344. Approximately 82,377 shares traded hands during mid-day trading, an increase of 209% from the average session volume of 26,654 shares. The stock had previously closed at GBX 346.
Majedie Investments Stock Performance
The firm’s 50-day simple moving average is GBX 342.65 and its 200-day simple moving average is GBX 309.56. The company has a market capitalization of £182.32 million, a price-to-earnings ratio of 7.29 and a beta of 0.72.
About Majedie Investments
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.
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