Majedie Investments (LON:MAJE) Share Price Passes Above 50 Day Moving Average of $179.77

Majedie Investments PLC (LON:MAJEGet Rating)’s share price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 179.77 ($2.17) and traded as high as GBX 181.51 ($2.19). Majedie Investments shares last traded at GBX 180 ($2.17), with a volume of 10,960 shares.

Majedie Investments Trading Down 1.1 %

The company has a market cap of £95.40 million and a P/E ratio of -15.25. The company has a current ratio of 8.62, a quick ratio of 8.62 and a debt-to-equity ratio of 15.26. The business has a 50 day moving average price of GBX 179.77 and a 200-day moving average price of GBX 191.57.

Majedie Investments Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, June 24th. Stockholders of record on Wednesday, June 1st were given a GBX 4.40 ($0.05) dividend. This represents a dividend yield of 2.25%. The ex-dividend date of this dividend was Wednesday, June 1st. Majedie Investments’s dividend payout ratio (DPR) is presently -0.97%.

Majedie Investments Company Profile

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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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