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

Majedie Investments (LON:MAJEGet Free Report) shares passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 238.90 ($3.10) and traded as low as GBX 224 ($2.91). Majedie Investments shares last traded at GBX 224 ($2.91), with a volume of 160,794 shares changing hands.

Majedie Investments Trading Up 0.6 %

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 firm has a market capitalization of £119.41 million, a PE ratio of 722.58 and a beta of 0.87. The company’s fifty day simple moving average is GBX 236.92 and its 200-day simple moving average is GBX 238.90.

Majedie Investments Dividend Announcement

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

Majedie Investments Company Profile

(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.

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