Majedie Investments (LON:MAJE) Sets New 12-Month High – Here’s Why

Majedie Investments (LON:MAJEGet Free Report)’s share price hit a new 52-week high on Wednesday . The stock 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 company has a market cap of £181.26 million, a price-to-earnings ratio of 7.25 and a beta of 0.72. The firm has a 50 day simple moving average of GBX 327.33 and a 200-day simple moving average of GBX 302.34.

About Majedie Investments

(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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