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

Shares of Schroder Japan Trust (LON:SJGGet Free Report) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 338.11 and traded as high as GBX 368. Schroder Japan Trust shares last traded at GBX 368, with a volume of 276,233 shares trading hands.

Schroder Japan Trust Stock Up 1.3%

The business’s 50-day moving average price is GBX 338.11 and its 200 day moving average price is GBX 328.64. The company has a market capitalization of £424.96 million, a P/E ratio of 5.90 and a beta of 0.60.

Schroder Japan Trust (LON:SJGGet Free Report) last announced its earnings results on Thursday, April 16th. The company reported GBX 3.02 earnings per share (EPS) for the quarter. Schroder Japan Trust had a net margin of 119.46% and a return on equity of 19.51%. The business had revenue of GBX 468 million during the quarter.

About Schroder Japan Trust

(Get Free Report)

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.

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