Shares of Majedie Investments (LON:MAJE – Get Free Report) hit a new 52-week high on Wednesday . The stock traded as high as GBX 260 ($3.31) and last traded at GBX 254.63 ($3.24), with a volume of 48298 shares changing hands. The stock had previously closed at GBX 256 ($3.25).
Majedie Investments Price Performance
The company has a debt-to-equity ratio of 14.44, a current ratio of 0.22 and a quick ratio of 8.62. The stock’s fifty day moving average is GBX 233.91 and its 200-day moving average is GBX 236.49. The stock has a market cap of £134.95 million, a PE ratio of 817.29 and a beta of 0.87.
Majedie Investments Increases Dividend
The firm also recently announced a dividend, which was paid on Friday, December 6th. Shareholders of record on Thursday, November 14th were paid a dividend of GBX 2.10 ($0.03) per share. This is a boost from Majedie Investments’s previous dividend of $2.00. The ex-dividend date of this dividend was Thursday, November 14th. This represents a yield of 0.92%. Majedie Investments’s dividend payout ratio (DPR) is 2,580.65%.
About Majedie Investments
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.
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