Majedie Investments (LON:MAJE) Hits New 12-Month High – Here’s What Happened

Majedie Investments (LON:MAJEGet Free Report) shares hit a new 52-week high during mid-day trading 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 Up 2.7%

The stock has a 50 day moving average price of GBX 274.98 and a 200 day moving average price of GBX 257.64. The stock has a market capitalization of £153.54 million, a price-to-earnings ratio of 12.82 and a beta of 0.87.

Majedie Investments (LON:MAJEGet Free Report) last released its quarterly earnings data 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%.

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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