Majedie Investments (LON:MAJE) Share Price Crosses Below 200-Day Moving Average of $193.15

Majedie Investments PLC (LON:MAJEGet Rating) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 193.15 ($2.37) and traded as low as GBX 180.90 ($2.22). Majedie Investments shares last traded at GBX 181 ($2.22), with a volume of 10,293 shares trading hands.

Majedie Investments Stock Down 1.1 %

The company has a debt-to-equity ratio of 15.26, a current ratio of 8.62 and a quick ratio of 8.62. The stock has a market cap of £95.93 million and a PE ratio of -15.34. The business has a fifty day moving average of GBX 180.91 and a 200-day moving average of GBX 193.15.

Majedie Investments Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, June 24th. Investors of record on Wednesday, June 1st were issued a GBX 4.40 ($0.05) dividend. The ex-dividend date was Wednesday, June 1st. This represents a dividend yield of 2.25%. Majedie Investments’s payout ratio is -0.97%.

About Majedie Investments

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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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