Schroder Japan Trust (LON:SJG) Hits New 52-Week High - Time to Buy?

Key Points

• Shares of Schroder Japan Trust (LON:SJG) reached a new 52-week high, trading at GBX 268 ($3.56) on Monday, indicating strong market performance.
• The company has a market capitalization of £312.93 million and a PE ratio of 5.24, reflecting its potential as an attractive investment option.
• Experts suggest that the Japanese equity market presents a compelling long-term investment opportunity, with expected growth in corporate earnings and valuation multiples.

Shares of Schroder Japan Trust (LON:SJG - ) hit a new 52-week high on Monday . The stock traded as high as GBX 268 ($3.56) and last traded at GBX 267 ($3.55), with a volume of 57003 shares trading hands. The stock had previously closed at GBX 264 ($3.51).

Schroder Japan Trust Trading Up 1.1%

The firm has a 50 day simple moving average of GBX 254.39 and a two-hundred day simple moving average of GBX 249.80. The company has a market capitalization of £312.93 million, a PE ratio of 5.24 and a beta of 0.48.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.