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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

Key Points

  • Schroder Japan Trust (LON:SJG) shares have surpassed their 50-day moving average, trading as high as GBX 267.64 ($3.62) on Thursday.
  • The company boasts a market cap of £309.71 million and a price-to-earnings ratio of 5.18, indicating a potential value investment in the current market.
  • Experts suggest the Japanese equity market presents a compelling long-term investment opportunity, driven by unique developments expected to boost corporate earnings growth.
  • Looking to export and analyze Schroder Japan Trust data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Schroder Japan Trust (LON:SJG - Get Free Report)'s share price crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 252.79 ($3.38) and traded as high as GBX 267.64 ($3.58). Schroder Japan Trust shares last traded at GBX 265 ($3.54), with a volume of 66,098 shares traded.

Schroder Japan Trust Stock Down 0.4%

The stock has a market cap of £303.56 million, a PE ratio of 5.08 and a beta of 0.48. The stock has a 50-day moving average of GBX 253.53 and a 200 day moving average of GBX 249.56.

Schroder Japan Trust Company Profile

(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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