Majedie Investments (LON:MAJE) Stock Crosses Below 200 Day Moving Average of $199.27

Majedie Investments PLC (LON:MAJE) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 199.27 ($2.49) and traded as low as GBX 183.10 ($2.29). Majedie Investments shares last traded at GBX 184 ($2.30), with a volume of 31,345 shares trading hands.

Majedie Investments Trading Up 0.8 %

The company has a debt-to-equity ratio of 15.97, a quick ratio of 8.62 and a current ratio of 31.99. The firm has a market capitalization of £97.52 million, a P/E ratio of -334.55 and a beta of 0.95. The firm has a 50 day simple moving average of GBX 187.85 and a two-hundred day simple moving average of GBX 199.18.

Majedie Investments Dividend Announcement

The company also recently declared a dividend, which was paid on Wednesday, August 30th. Investors of record on Thursday, August 10th were given a dividend of GBX 1.80 ($0.02) per share. This represents a dividend yield of 0.93%. The ex-dividend date was Thursday, August 10th. Majedie Investments’s payout ratio is currently -1,454.55%.

Insider Buying and Selling

In other news, insider Christopher Getley acquired 12,900 shares of the firm’s stock in a transaction on Thursday, July 27th. The stock was purchased at an average price of GBX 193 ($2.42) per share, for a total transaction of £24,897 ($31,156.30). 58.45% of the stock is owned by corporate insiders.

Majedie Investments Company Profile

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.