Majedie Investments (LON:MAJE) Sets New 52-Week High – Time to Buy?

Majedie Investments (LON:MAJEGet Free Report)’s stock price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 293 and last traded at GBX 293, with a volume of 62374 shares trading hands. The stock had previously closed at GBX 284.50.

Majedie Investments Stock Up 1.9%

The firm has a 50 day simple moving average of GBX 279.94 and a 200-day simple moving average of GBX 272.67. The stock has a market cap of £154.46 million, a P/E ratio of 12.90 and a beta of 0.72.

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.

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