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

Majedie Investments (LON:MAJEGet Free Report)’s share price hit a new 52-week high on Friday . The stock traded as high as GBX 339 and last traded at GBX 326.90, with a volume of 2409 shares. The stock had previously closed at GBX 325.50.

Majedie Investments Stock Performance

The company has a market cap of £173.25 million, a price-to-earnings ratio of 6.93 and a beta of 0.54. The firm’s 50-day moving average price is GBX 316.27 and its 200 day moving average price is GBX 291.70.

Majedie Investments (LON:MAJEGet Free Report) last announced its quarterly earnings data on Thursday, May 28th. The company reported GBX (0.30) earnings per share for the quarter. Majedie Investments had a net margin of 89.91% and a return on equity of 15.50%. The business had revenue of GBX 41 million during the quarter.

About Majedie Investments

(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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