Majedie Investments (LON:MAJE) Stock Price Crosses Above 50 Day Moving Average of $192.83

Majedie Investments PLC (LON:MAJEGet Rating)’s stock price crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 192.83 ($2.39) and traded as high as GBX 198.39 ($2.46). Majedie Investments shares last traded at GBX 195 ($2.41), with a volume of 25,231 shares changing hands.

Majedie Investments Price Performance

The company has a quick ratio of 8.62, a current ratio of 8.62 and a debt-to-equity ratio of 15.26. The firm has a fifty day moving average price of GBX 192.83 and a two-hundred day moving average price of GBX 180.31. The stock has a market capitalization of £103.35 million and a P/E ratio of -16.53.

Majedie Investments Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, January 27th. Stockholders of record on Thursday, January 12th will be issued a dividend of GBX 6 ($0.07) per share. The ex-dividend date of this dividend is Thursday, January 12th. This is an increase from Majedie Investments’s previous dividend of $4.40. This represents a dividend yield of 3.14%. Majedie Investments’s dividend payout ratio (DPR) is presently -0.97%.

Majedie Investments Company Profile

(Get Rating)

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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