Majedie Investments (LON:MAJE) Stock Price Passes Below 200 Day Moving Average of $241.06

Majedie Investments (LON:MAJEGet Free Report)’s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 241.06 ($3.18) and traded as low as GBX 236 ($3.12). Majedie Investments shares last traded at GBX 241 ($3.18), with a volume of 14,450 shares trading hands.

Majedie Investments Stock Down 2.4 %

The company has a debt-to-equity ratio of 14.44, a current ratio of 0.22 and a quick ratio of 8.62. The firm has a market capitalization of £127.73 million, a P/E ratio of 777.42 and a beta of 0.87. The business has a 50 day moving average price of GBX 235.50 and a 200 day moving average price of GBX 241.06.

Majedie Investments Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, September 6th. Shareholders of record on Thursday, August 15th were given a GBX 2 ($0.03) dividend. This represents a yield of 0.86%. The ex-dividend date of this dividend was Thursday, August 15th. Majedie Investments’s dividend payout ratio is currently 2,580.65%.

About Majedie Investments

(Get Free Report)

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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