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

Majedie Investments (LON:MAJEGet Free Report) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 346.40 and last traded at GBX 343.42, with a volume of 40414 shares traded. The stock had previously closed at GBX 336.

Majedie Investments Trading Up 2.2%

The business’s fifty day simple moving average is GBX 327.79 and its 200 day simple moving average is GBX 303.22. The stock has a market cap of £182.01 million, a P/E ratio of 7.28 and a beta of 0.72.

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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