Majedie Investments (LON:MAJE) Hits New 1-Year High – Should You Buy?

Shares of Majedie Investments (LON:MAJE – Get Free Report) reached a new 52-week high on Friday. The company traded as high as GBX 350 and last traded at GBX 348, with a volume of 13593 shares. The stock had previously closed at GBX 340.

Majedie Investments Price Performance

The firm has a 50 day moving average price of GBX 334.87 and a 200-day moving average price of GBX 313.13. The firm has a market cap of £184.44 million, a price-to-earnings ratio of 7.37 and a beta of 0.72.

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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