Free Trial

Majedie Investments (LON:MAJE) Stock Price Passes Below Two Hundred Day Moving Average - Time to Sell?

Majedie Investments logo with Financial Services background

Shares of Majedie Investments (LON:MAJE - Get Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-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 Stock Up 1.8 %

The firm's fifty day simple moving average is GBX 236.71 and its 200 day simple moving average is GBX 238.82. 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 company has a market cap of £120.84 million, a price-to-earnings ratio of 735.48 and a beta of 0.87.

Majedie Investments Dividend Announcement

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

Further Reading

Should you invest $1,000 in Majedie Investments right now?

Before you consider Majedie Investments, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Majedie Investments wasn't on the list.

While Majedie Investments currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Unlock the Potential in Options Trading Cover

Options trading isn’t just for the Wall Street elite; it’s an accessible strategy for anyone armed with the proper knowledge. Think of options as a strategic toolkit, with each tool designed for a specific financial task. Keep reading to learn how options trading can help you use the market’s volatility to your advantage.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

McDonald's Stock on the Verge of a Major Growth Comeback

McDonald's Stock on the Verge of a Major Growth Comeback

Our analysts dive into why McDonald's is a top pick to hold right now, despite recent earnings challenges, and why it could be on the path to a new all-time high.

Related Videos

Top Stocks to Buy, Sell, and Hold Right Now

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines