Schroder Japan Trust (LON:SJG) Share Price Passes Above 50-Day Moving Average – Here’s Why

Schroder Japan Trust (LON:SJG) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 300.03 and traded as high as GBX 309.32. Schroder Japan Trust shares last traded at GBX 308, with a volume of 346,962 shares changing hands.

Schroder Japan Trust Trading Up 0.7%

The stock has a market capitalization of £352.87 million, a P/E ratio of 17.04 and a beta of 0.48. The firm’s fifty day moving average is GBX 300.03 and its 200-day moving average is GBX 280.28.

Schroder Japan Trust (LON:SJG) last posted its quarterly earnings data on Thursday, October 9th. The company reported GBX 6.91 earnings per share for the quarter. Schroder Japan Trust had a net margin of 99.53% and a return on equity of 18.12%.

Insider Buying and Selling

In other Schroder Japan Trust news, insider Helena Coles acquired 708 shares of Schroder Japan Trust stock in a transaction on Friday, November 28th. The shares were bought at an average price of GBX 307 per share, with a total value of £2,173.56. Corporate insiders own 0.31% of the company’s stock.

About Schroder Japan Trust

The Japanese equity market currently offers a compelling long-term investment opportunity. Several developments that are unique to Japan should combine to support sustained corporate earnings growth and increasing valuation multiples in the years ahead. With one of the best performance track records in its sector and a disciplined, active investment approach, SJG is an excellent way of gaining exposure to Japan’s exciting potential.