Majedie Investments (LON:MAJE – Get Free Report)’s share price passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 242.28 ($3.06) and traded as high as GBX 246 ($3.11). Majedie Investments shares last traded at GBX 246 ($3.11), with a volume of 76,459 shares.
Majedie Investments Price Performance
The company has a debt-to-equity ratio of 16.23, a current ratio of 5.76 and a quick ratio of 8.62. The firm has a market capitalization of £127.73 million, a P/E ratio of 770.06 and a beta of 0.88. The stock’s fifty day simple moving average is GBX 242.18 and its 200 day simple moving average is GBX 237.43.
Majedie Investments Increases Dividend
The business also recently disclosed a dividend, which was paid on Friday, June 7th. Stockholders of record on Thursday, May 16th were issued a dividend of GBX 2 ($0.03) per share. The ex-dividend date of this dividend was Thursday, May 16th. This represents a dividend yield of 0.83%. This is an increase from Majedie Investments’s previous dividend of $1.90. Majedie Investments’s dividend payout ratio is 2,580.65%.
Insider Buying and Selling
About Majedie Investments
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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