CC Japan Income & Growth (LON:CCJI) Shares Cross Above 200 Day Moving Average - What's Next?

Key Points

• CC Japan Income & Growth's share price recently exceeded its 200-day moving average, trading at GBX 206.95 ($2.80) after reaching a high of GBX 207 ($2.80).
• The company reported a net margin of 95.50% and a return on equity of 22.45%, indicating strong profitability.
• Insiders have been actively purchasing shares, with Katherine Cornish-Bowden and June Aitken buying a total of 771 shares at an average price of GBX 199 per share.

Shares of CC Japan Income & Growth (LON:CCJI - Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 188.87 ($2.56) and traded as high as GBX 207 ($2.81). CC Japan Income & Growth shares last traded at GBX 206.95 ($2.81), with a volume of 173,098 shares traded.

CC Japan Income & Growth Stock Performance

The firm's 50-day moving average is GBX 200.43 and its two-hundred day moving average is GBX 189.41. The stock has a market cap of £284.42 million and a P/E ratio of 1,055,520.00.

CC Japan Income & Growth (LON:CCJI - Get Free Report) last posted its quarterly earnings data on Tuesday, June 24th. The company reported GBX 2.53 earnings per share for the quarter. CC Japan Income & Growth had a net margin of 95.50% and a return on equity of 22.45%.

Insider Buying and Selling at CC Japan Income & Growth

In other CC Japan Income & Growth news, insider June Aitken bought 359 shares of the company's stock in a transaction on Tuesday, August 5th. The stock was bought at an average price of GBX 199 per share, for a total transaction of £714.41. Also, insider Katherine Cornish-Bowden bought 412 shares of the company's stock in a transaction on Tuesday, August 5th. The shares were acquired at an average price of GBX 199 per share, with a total value of £819.88. Insiders own 0.22% of the company's stock.

CC Japan Income & Growth Company Profile

The investment objective of the Company is to provide Shareholders with dividend income combined with capital growth, mainly through investment in equities listed or quoted in Japan.