Majedie Investments (LON:MAJE) Stock Crosses Below 200 Day Moving Average – Here’s Why

Majedie Investments (LON:MAJEGet Free Report)’s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 239.90 ($3.13) and traded as low as GBX 221.15 ($2.89). Majedie Investments shares last traded at GBX 227 ($2.96), with a volume of 95,219 shares traded.

Majedie Investments Price Performance

The firm has a 50 day moving average of GBX 237.64 and a 200-day moving average of GBX 239.67. The company has a current ratio of 0.22, a quick ratio of 8.62 and a debt-to-equity ratio of 14.44. The company has a market cap of £122.43 million, a P/E ratio of 735.48 and a beta of 0.87.

Majedie Investments Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, September 6th. Stockholders of record on Thursday, August 15th were given a dividend of GBX 2 ($0.03) per share. This represents a dividend yield of 0.86%. The ex-dividend date 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.

Further Reading

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