Majedie Investments (LON:MAJE) Reaches New 12-Month High – Here’s Why

Majedie Investments (LON:MAJEGet Free Report) shares hit a new 52-week high during mid-day trading on Friday . The stock traded as high as GBX 288 and last traded at GBX 278.88, with a volume of 43733 shares changing hands. The stock had previously closed at GBX 278.

Majedie Investments Stock Up 0.3%

The firm has a 50 day moving average of GBX 273.88 and a two-hundred day moving average of GBX 256.60. The firm has a market capitalization of £147.80 million, a price-to-earnings ratio of 12.34 and a beta of 0.87.

Majedie Investments (LON:MAJEGet Free Report) last issued its earnings results on Monday, December 22nd. The company reported GBX 0.70 EPS for the quarter. Majedie Investments had a return on equity of 18.67% and a net margin of 113.54%.

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. Its focus on differentiated return sources provides a degree of risk diversification without diluting return potential.

Opportunities come from the skilled investment team and Marylebone’s global network of managers, practitioners and investors.

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