Shares of Majedie Investments (LON:MAJE – Get Free Report) reached a new 52-week high during trading on Thursday . The stock traded as high as GBX 256 ($3.23) and last traded at GBX 250 ($3.16), with a volume of 182990 shares changing hands. The stock had previously closed at GBX 239 ($3.02).
Majedie Investments Stock Performance
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 stock’s 50 day moving average price is GBX 233.09 and its two-hundred day moving average price is GBX 236.23. The firm has a market capitalization of £134.09 million, a PE ratio of 825.61 and a beta of 0.87.
Majedie Investments Increases Dividend
The business also recently disclosed a dividend, which was paid on Friday, December 6th. Stockholders of record on Thursday, November 14th were given a GBX 2.10 ($0.03) dividend. This is an increase from Majedie Investments’s previous dividend of $2.00. This represents a dividend yield of 0.92%. The ex-dividend date of this dividend was Thursday, November 14th. Majedie Investments’s dividend payout ratio is currently 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.
Further Reading
- Five stocks we like better than Majedie Investments
- What is Short Interest? How to Use It
- Why Hershey Stock Has More Room to Run Despite Takeover Rejection
- Comparing and Trading High PE Ratio Stocks
- Texas Instruments: The Old-School Tech Titan Still Delivering
- What Are the FAANG Stocks and Are They Good Investments?
- GRAIL: Biotech Stock Targeting $100B Cancer Market
Receive News & Ratings for Majedie Investments Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Majedie Investments and related companies with MarketBeat.com's FREE daily email newsletter.
