Majedie Investments (LON:MAJE) Reaches New 52-Week High – Here’s What Happened

Majedie Investments (LON:MAJE – Get Free Report)’s share price hit a new 52-week high during mid-day trading on Monday. The stock traded as high as GBX 350 and last traded at GBX 347.70, with a volume of 22351 shares changing hands. The stock had previously closed at GBX 347.38.

Majedie Investments Stock Performance

The firm has a market cap of £184.28 million, a P/E ratio of 7.37 and a beta of 0.72. The company’s 50 day moving average is GBX 331.59 and its 200 day moving average is GBX 309.28.

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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