Majedie Investments (LON:MAJE) Share Price Crosses Below 200-Day Moving Average of $241.05

Majedie Investments (LON:MAJE) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 241.05 ($3.23) and traded as low as GBX 234 ($3.13). Majedie Investments shares last traded at GBX 234 ($3.13), with a volume of 15,061 shares changing hands.

Majedie Investments Price Performance

The company has a debt-to-equity ratio of 14.44, a quick ratio of 8.62 and a current ratio of 0.22. The stock’s 50-day moving average is GBX 235.48 and its two-hundred day moving average is GBX 241. The stock has a market cap of £124.02 million, a PE ratio of 754.84 and a beta of 0.87.

Majedie Investments Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, September 6th. Shareholders of record on Thursday, August 15th were paid a dividend of GBX 2 ($0.03) per share. The ex-dividend date was Thursday, August 15th. This represents a yield of 0.86%. Majedie Investments’s dividend payout ratio (DPR) is presently 2,580.65%.

Majedie Investments Company Profile

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.