Majedie Investments (LON:MAJE) Hits New 1-Year High – What’s Next?
by Tristan Rich · The Markets DailyMajedie Investments (LON:MAJE – Get Free Report) hit a new 52-week high on Wednesday . The company traded as high as GBX 341 and last traded at GBX 330, with a volume of 111049 shares traded. The stock had previously closed at GBX 330.
Majedie Investments Price Performance
The business has a 50-day moving average of GBX 327.03 and a two-hundred day moving average of GBX 301.51. The company has a market cap of £174.90 million, a P/E ratio of 6.99 and a beta of 0.72.
Majedie Investments Company Profile
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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