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

Majedie Investments logo with Financial Services background

Majedie Investments (LON:MAJE - Get Free Report) shares crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred 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 traded.

Majedie Investments Trading Down 4.1 %

The business's 50-day moving average is GBX 235.48 and its two-hundred day moving average is GBX 241. 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 cap of £124.02 million, a P/E ratio of 754.84 and a beta of 0.87.

Majedie Investments Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, September 6th. Investors of record on Thursday, August 15th were given a GBX 2 ($0.03) dividend. This represents a dividend yield of 0.86%. The ex-dividend date was Thursday, August 15th. Majedie Investments's dividend payout ratio is currently 2,580.65%.

About Majedie Investments

(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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