Majedie Investments (LON:MAJE) Reaches New 12-Month High – Still a Buy?

Shares of Majedie Investments (LON:MAJEGet Free Report) hit a new 52-week high on Thursday . The stock traded as high as GBX 292 and last traded at GBX 281.92, with a volume of 11535 shares. The stock had previously closed at GBX 284.

Majedie Investments Stock Down 0.7%

The firm has a market cap of £149.41 million, a P/E ratio of 12.47 and a beta of 0.81. The business has a fifty day simple moving average of GBX 277.77 and a 200-day simple moving average of GBX 263.16.

Majedie Investments (LON:MAJEGet Free Report) last announced its earnings results on Monday, December 22nd. The company reported GBX 0.70 EPS for the quarter. Majedie Investments had a net margin of 69.99% and a return on equity of 7.92%.

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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