Schroder Japan Trust (LON:SJG) Shares Pass Above 50-Day Moving Average - What's Next?

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 240.84 ($3.27) and traded as high as GBX 253.52 ($3.44). Schroder Japan Trust shares last traded at GBX 250 ($3.39), with a volume of 132,620 shares.

Schroder Japan Trust Trading Up 0.8%

The firm has a market cap of £295.35 million, a PE ratio of 4.94 and a beta of 0.48. The business's 50-day simple moving average is GBX 240.75 and its 200 day simple moving average is GBX 249.11.

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

Schroder Japan Trust Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, April 30th. Investors of record on Thursday, March 27th were given a dividend of GBX 2.89 ($0.04) per share. The ex-dividend date of this dividend was Thursday, March 27th. This represents a yield of 1.16%. This is an increase from Schroder Japan Trust's previous dividend of $2.82. Schroder Japan Trust's dividend payout ratio (DPR) is presently 9.81%.

Insider Buying and Selling at Schroder Japan Trust

In other Schroder Japan Trust news, insider Helena Coles purchased 1,271 shares of the firm's stock in a transaction on Tuesday, April 15th. The stock was bought at an average cost of GBX 235 ($3.19) per share, for a total transaction of £2,986.85 ($4,052.71). 13.26% of the stock is owned by insiders.

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.