Majedie Investments plc (LON:MAJE) shares reached a new 52-week low during trading on Friday . The stock traded as low as GBX 236 ($3.08) and last traded at GBX 240 ($3.14), with a volume of 3124 shares trading hands. The stock had previously closed at GBX 242 ($3.16).
The company has a market capitalization of $128.15 million and a price-to-earnings ratio of 96.00. The business’s 50-day simple moving average is GBX 248.36. The company has a quick ratio of 3.55, a current ratio of 3.55 and a debt-to-equity ratio of 12.28.
In related news, insider Jane Lewis acquired 5,803 shares of the business’s stock in a transaction that occurred on Friday, May 31st. The shares were acquired at an average cost of GBX 257 ($3.36) per share, with a total value of £14,913.71 ($19,487.40).
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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