Majedie Investments (LON:MAJE - Get Free Report) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 237.75 ($3.09) and traded as low as GBX 228 ($2.97). Majedie Investments shares last traded at GBX 230 ($2.99), with a volume of 13,120 shares changing hands.
Majedie Investments Stock Performance
The business's 50-day moving average is GBX 235.69 and its 200 day moving average is GBX 237.70. 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 company has a market cap of £126.14 million, a PE ratio of 767.74 and a beta of 0.87.
Majedie Investments Increases Dividend
The firm also recently disclosed a dividend, which will be paid on Friday, December 6th. Shareholders of record on Thursday, November 14th will be issued a GBX 2.10 ($0.03) dividend. This represents a yield of 0.92%. The ex-dividend date is Thursday, November 14th. This is a boost from Majedie Investments's previous dividend of $2.00. Majedie Investments's dividend payout ratio is 2,580.65%.
About Majedie Investments
(
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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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