Majedie Investments (LON:MAJE) Stock Price Crosses Below 200-Day Moving Average – Time to Sell?

Shares of Majedie Investments (LON:MAJEGet Free Report) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 250.98 ($3.40) and traded as low as GBX 238.96 ($3.24). Majedie Investments shares last traded at GBX 240.18 ($3.26), with a volume of 85,932 shares traded.

Majedie Investments Price Performance

The firm has a 50 day moving average of GBX 242.35 and a two-hundred day moving average of GBX 250.98. The stock has a market cap of £127.29 million, a PE ratio of 2,929.05 and a beta of 0.87.

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.

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