Majedie Investments (LON:MAJE) Stock Passes Below 200-Day Moving Average of $240.67

Majedie Investments (LON:MAJEGet Free Report)’s share price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 240.67 ($3.15) and traded as low as GBX 240 ($3.14). Majedie Investments shares last traded at GBX 243 ($3.18), with a volume of 20,428 shares changing hands.

Majedie Investments Price Performance

The stock’s 50-day moving average is GBX 235.35 and its 200 day moving average is GBX 240.77. The company has a debt-to-equity ratio of 14.44, a quick ratio of 8.62 and a current ratio of 0.22. The stock has a market capitalization of £128.79 million, a PE ratio of 783.87 and a beta of 0.87.

Majedie Investments Announces Dividend

The company also recently announced a dividend, which was paid on Friday, September 6th. Stockholders of record on Thursday, August 15th were issued a GBX 2 ($0.03) dividend. This represents a dividend yield of 0.86%. The ex-dividend date of this dividend was Thursday, August 15th. Majedie Investments’s payout ratio is currently 2,580.65%.

About Majedie Investments

(Get Free Report)

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.

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