Majedie Investments (LON:MAJE) Reaches New 1-Year High – Still a Buy?

Majedie Investments (LON:MAJEGet Free Report)’s share price hit a new 52-week high on Friday . The company traded as high as GBX 276 ($3.43) and last traded at GBX 274 ($3.41), with a volume of 69452 shares trading hands. The stock had previously closed at GBX 251 ($3.12).

Majedie Investments Trading Up 9.2 %

The company has a quick ratio of 8.62, a current ratio of 0.22 and a debt-to-equity ratio of 14.44. The stock has a market cap of £145.22 million, a P/E ratio of 883.87 and a beta of 0.87. The business’s 50 day simple moving average is GBX 255.04 and its two-hundred day simple moving average is GBX 241.53.

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.

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