Majedie Investments (LON:MAJE) Reaches New 12-Month High – What’s Next?

by · The Markets Daily

Shares of Majedie Investments (LON:MAJE – Get Free Report) reached a new 52-week high during trading on Wednesday . The stock traded as high as GBX 338 and last traded at GBX 334.54, with a volume of 6740 shares trading hands. The stock had previously closed at GBX 326.

Majedie Investments Trading Up 1.1%

The stock has a 50-day moving average of GBX 324.15 and a two-hundred day moving average of GBX 296.75. The firm has a market cap of £176.49 million, a price-to-earnings ratio of 7.06 and a beta of 0.72.

Majedie Investments (LON:MAJE – Get Free Report) last announced its earnings results on Thursday, May 28th. The company reported GBX (0.30) earnings per share (EPS) for the quarter. The firm had revenue of GBX 41 million for the quarter. Majedie Investments had a net margin of 89.91% and a return on equity of 15.50%.

Majedie Investments Company Profile

(Get Free Report)

Majedie Investments PLC is an investment trust founded in 1910 and managed by Marylebone Partners LLP.

Marylebone Partners combines investments from three complementary strategies sourced from around the globe into a single portfolio comprising hard-to-access special investments, external niche manager allocations and investments in publicly-listed companies. Its focus on differentiated return sources provides a degree of risk diversification without diluting return potential.

Opportunities come from the skilled investment team and Marylebone’s global network of managers, practitioners and investors.

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