Majedie Investments (LON:MAJE) Stock Price Crosses Below 200 Day Moving Average of $239.22

Shares of Majedie Investments (LON:MAJE) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 239.22 ($3.09) and traded as low as GBX 230 ($2.97). Majedie Investments shares last traded at GBX 232 ($3.00), with a volume of 49,356 shares.

Majedie Investments Stock Up 0.4 %

The firm has a fifty day moving average price of GBX 240.15 and a 200 day moving average price of GBX 239.28. The company has a quick ratio of 8.62, a current ratio of 5.76 and a debt-to-equity ratio of 16.23. The company has a market cap of £123.49 million, a P/E ratio of 751.61 and a beta of 0.88.

Majedie Investments Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, June 7th. Investors of record on Thursday, May 16th were given a GBX 2 ($0.03) dividend. This represents a yield of 0.83%. This is a positive change from Majedie Investments’s previous dividend of $1.90. The ex-dividend date was Thursday, May 16th. Majedie Investments’s dividend payout ratio (DPR) is presently 2,580.65%.

Insider Buying and Selling at Majedie Investments

In other Majedie Investments news, insider Heinrich Merz purchased 41,416 shares of the company’s stock in a transaction that occurred on Friday, June 14th. The stock was acquired at an average cost of GBX 241 ($3.12) per share, with a total value of £99,812.56 ($129,090.22). In other Majedie Investments news, insider Heinrich Merz purchased 41,416 shares of the company’s stock in a transaction that occurred on Friday, June 14th. The stock was acquired at an average cost of GBX 241 ($3.12) per share, with a total value of £99,812.56 ($129,090.22). Also, insider J M. William Barlow sold 750,000 shares of the business’s stock in a transaction that occurred on Thursday, May 30th. The stock was sold at an average price of GBX 240 ($3.10), for a total transaction of £1,800,000 ($2,327,987.58). Corporate insiders own 58.43% of the company’s stock.

Majedie Investments Company Profile

Majedie Investments PLC is a public fund launched and managed by Majedie Asset Management Limited. The fund invests in public equity markets across the globe. Majedie Investments PLC was formed in October 1985 and is based in London, United Kingdom.