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Majedie Investments (LON:MAJE) Share Price Crosses Below Two Hundred Day Moving Average of $193.15

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Majedie Investments PLC (LON:MAJEGet Rating) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 193.15 ($2.37) and traded as low as GBX 180.90 ($2.22). Majedie Investments shares last traded at GBX 181 ($2.22), with a volume of 10,293 shares changing hands.

Majedie Investments Trading Down 1.1 %

The company has a 50 day simple moving average of GBX 180.91 and a 200 day simple moving average of GBX 193.15. The company has a current ratio of 8.62, a quick ratio of 8.62 and a debt-to-equity ratio of 15.26. The stock has a market capitalization of £95.93 million and a PE ratio of -15.34.

Majedie Investments Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, June 24th. Shareholders of record on Wednesday, June 1st were paid a dividend of GBX 4.40 ($0.05) per share. This represents a yield of 2.25%. The ex-dividend date of this dividend was Wednesday, June 1st. Majedie Investments’s dividend payout ratio is presently -0.97%.

Majedie Investments Company Profile

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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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