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Schroder Japan Trust (LON:SJG) Stock Passes Above Fifty Day Moving Average - Here's What Happened

Schroder Japan Trust logo with Financial Services background

Schroder Japan Trust (LON:SJG - Get Free Report)'s stock price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 240.71 ($3.26) and traded as high as GBX 256 ($3.47). Schroder Japan Trust shares last traded at GBX 256 ($3.47), with a volume of 115,868 shares.

Schroder Japan Trust Stock Down 0.4%

The firm has a 50 day moving average of GBX 240.92 and a 200-day moving average of GBX 249.33. The company has a market cap of £293.01 million, a P/E ratio of 4.90 and a beta of 0.48.

Schroder Japan Trust (LON:SJG - Get Free Report) last posted its quarterly earnings results on Monday, April 14th. The company reported GBX 3.25 ($0.04) earnings per share (EPS) for the quarter. Schroder Japan Trust had a return on equity of 18.12% and a net margin of 99.53%.

Schroder Japan Trust Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, April 30th. Stockholders of record on Thursday, March 27th were issued a GBX 2.89 ($0.04) dividend. The ex-dividend date was Thursday, March 27th. This represents a dividend yield of 1.16%. This is a positive change from Schroder Japan Trust's previous dividend of $2.82. Schroder Japan Trust's payout ratio is currently 9.81%.

Insider Activity

In related news, insider Helena Coles acquired 1,271 shares of the firm's stock in a transaction that occurred on Tuesday, April 15th. The stock was purchased at an average cost of GBX 235 ($3.18) per share, for a total transaction of £2,986.85 ($4,047.77). Insiders own 13.26% of the company's stock.

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.

Further Reading

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