Schroder Japan Trust (LON:SJG) Share Price Crosses Above 50-Day Moving Average - Here's What Happened

Key Points

• Schroder Japan Trust's stock price rose above its 50-day moving average of GBX 276.89, trading as high as GBX 290 during the session.
• The company has a market cap of £331.32 million, with a P/E ratio of 783.25 and a beta of 0.48.
• The article suggests the Japanese equity market presents a compelling long-term investment opportunity aimed at supporting sustained corporate earnings growth.

Schroder Japan Trust (LON:SJG - )'s stock price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 276.89 ($3.71) and traded as high as GBX 290 ($3.89). Schroder Japan Trust shares last traded at GBX 288 ($3.86), with a volume of 136,448 shares changing hands.

Schroder Japan Trust Trading Up 0.7%

The business's 50-day moving average is GBX 276.89 and its two-hundred day moving average is GBX 256.88. The firm has a market cap of £331.32 million, a P/E ratio of 783.25 and a beta of 0.48.

Schroder Japan Trust Company Profile

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.