Majedie Investments (LON:MAJE) Shares Cross Below Two Hundred Day Moving Average – Here’s What Happened

Shares of Majedie Investments (LON:MAJEGet Free Report) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 248.99 ($3.21) and traded as low as GBX 245.78 ($3.17). Majedie Investments shares last traded at GBX 246 ($3.17), with a volume of 13,394 shares traded.

Majedie Investments Stock Performance

The firm has a fifty day moving average price of GBX 259.48 and a 200 day moving average price of GBX 248.91. The firm has a market capitalization of £123.06 million, a price-to-earnings ratio of 4.48 and a beta of 0.87.

Insider Transactions at Majedie Investments

In other news, insider Jane Lewis acquired 3,000 shares of the company’s stock in a transaction that occurred on Monday, March 10th. The stock was purchased at an average cost of GBX 252 ($3.25) per share, with a total value of £7,560 ($9,752.32). Corporate insiders own 63.73% of the company’s stock.

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.

Further Reading

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