Shares of Majedie Investments plc (LON:MAJE) dropped 0.2% during trading on Monday . The stock traded as low as GBX 256.84 ($3.38) and last traded at GBX 258 ($3.39), approximately 11,099 shares traded hands during trading. An increase of 45% from the average daily volume of 7,652 shares. The stock had previously closed at GBX 258.48 ($3.40).
The company has a debt-to-equity ratio of 12.28, a quick ratio of 3.55 and a current ratio of 3.55. The firm’s fifty day moving average is GBX 256.57 and its 200 day moving average is GBX 251.79. The firm has a market cap of $136.85 million and a P/E ratio of 103.20.
The company also recently announced a dividend, which will be paid on Tuesday, January 28th. Stockholders of record on Thursday, January 9th will be given a GBX 7 ($0.09) dividend. The ex-dividend date of this dividend is Thursday, January 9th. This is a boost from Majedie Investments’s previous dividend of $4.40. This represents a dividend yield of 2.8%. Majedie Investments’s payout ratio is presently 4.40%.
Majedie Investments Company Profile (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.