Majedie Investments (LON:MAJE) Hits New 52-Week High – What’s Next?

Majedie Investments (LON:MAJEGet Free Report) shares reached a new 52-week high on Thursday . The company traded as high as GBX 290 and last traded at GBX 289.70, with a volume of 44424 shares traded. The stock had previously closed at GBX 282.

Majedie Investments Stock Performance

The company’s 50-day moving average price is GBX 275.41 and its 200 day moving average price is GBX 258.10. The stock has a market capitalization of £148.40 million, a P/E ratio of 12.39 and a beta of 0.87.

Majedie Investments (LON:MAJEGet Free Report) last issued its quarterly earnings results on Monday, December 22nd. The company reported GBX 0.70 earnings per share (EPS) for the quarter. Majedie Investments had a return on equity of 18.67% and a net margin of 113.54%.

About Majedie Investments

(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.

Read More

Receive News & Ratings for Majedie Investments Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Majedie Investments and related companies with MarketBeat.com's FREE daily email newsletter.