Majedie Investments (LON:MAJE) Stock Passes Below 50 Day Moving Average of $248.30

Majedie Investments plc (LON:MAJE) shares passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $248.30 and traded as low as $248.06. Majedie Investments shares last traded at $251.00, with a volume of 2,398 shares traded.

The company’s fifty day moving average price is GBX 248.88 and its 200 day moving average price is GBX 224.75. The company has a market capitalization of $133.69 million and a P/E ratio of 100.80. The company has a quick ratio of 3.55, a current ratio of 3.55 and a debt-to-equity ratio of 12.28.

About Majedie Investments (LON:MAJE)

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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