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

Majedie Investments (LON:MAJEGet Free Report) reached a new 52-week high on Wednesday . The stock traded as high as GBX 338 and last traded at GBX 334.54, with a volume of 6740 shares trading hands. The stock had previously closed at GBX 326.

Majedie Investments Stock Performance

The stock has a fifty day moving average price of GBX 323.09 and a 200-day moving average price of GBX 295.95. The firm has a market cap of £177.30 million, a PE ratio of 7.09 and a beta of 0.72.

Majedie Investments (LON:MAJEGet Free Report) last posted its quarterly earnings results on Thursday, May 28th. The company reported GBX (0.30) EPS 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.

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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