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Majedie Investments (LON:MAJE) Stock Crosses Above 50 Day Moving Average of $231.93

Majedie Investments PLC (LON:MAJE)’s share price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 231.93 ($3.15) and traded as high as GBX 233.40 ($3.17). Majedie Investments shares last traded at GBX 228 ($3.09), with a volume of 13,926 shares changing hands.

The stock has a market cap of £120.84 million and a price-to-earnings ratio of 3.25. The company’s fifty day moving average is GBX 231.93 and its two-hundred day moving average is GBX 230.26. The company has a current ratio of 4.44, a quick ratio of 4.44 and a debt-to-equity ratio of 14.01.

The firm also recently announced a dividend, which will be paid on Friday, January 28th. Investors of record on Thursday, January 13th will be paid a dividend of GBX 7 ($0.10) per share. This represents a yield of 3%. This is a boost from Majedie Investments’s previous dividend of $4.40. The ex-dividend date of this dividend is Thursday, January 13th. Majedie Investments’s dividend payout ratio is presently 0.16%.

About Majedie Investments (LON:MAJE)

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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