CC Japan Income & Growth Trust (LON:CCJI) Stock Price Crosses Below Fifty Day Moving Average of $196.37

CC Japan Income & Growth Trust plc (LON:CCJI) passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 196.37 ($2.44) and traded as low as GBX 192 ($2.39). CC Japan Income & Growth Trust shares last traded at GBX 192.50 ($2.40), with a volume of 325,408 shares traded.

CC Japan Income & Growth Trust Stock Performance

The company has a market capitalization of £260.02 million and a PE ratio of 2,122.36. The firm’s 50-day simple moving average is GBX 196.37 and its 200 day simple moving average is GBX 180.54.

CC Japan Income & Growth Trust Increases Dividend

The business also recently announced a dividend, which was paid on Friday, March 1st. Shareholders of record on Thursday, February 1st were given a dividend of GBX 3.75 ($0.05) per share. This is a positive change from CC Japan Income & Growth Trust’s previous dividend of $1.55. This represents a dividend yield of 2.1%. The ex-dividend date was Thursday, February 1st. CC Japan Income & Growth Trust’s payout ratio is presently 5,555.56%.

Insiders Place Their Bets

In other news, insider June Aitken purchased 778 shares of the business’s stock in a transaction dated Tuesday, March 5th. The stock was acquired at an average price of GBX 199 ($2.48) per share, with a total value of £1,548.22 ($1,927.32). In other news, insider John Charlton Jones bought 10,218 shares of the business’s stock in a transaction that occurred on Monday, April 8th. The stock was purchased at an average price of GBX 199 ($2.48) per share, with a total value of £20,333.82 ($25,312.86). Also, insider June Aitken bought 778 shares of the business’s stock in a transaction that occurred on Tuesday, March 5th. The stock was purchased at an average cost of GBX 199 ($2.48) per share, with a total value of £1,548.22 ($1,927.32). Insiders own 9.30% of the company’s stock.

CC Japan Income & Growth Trust Company Profile

CC Japan Income & Growth Trust plc is an equity mutual fund launched and managed by Coupland Cardiff Asset Management LLP. It invests in the equity markets of Japan. The fund invests in stocks of companies operating across the diversified sectors. CC Japan Income & Growth Trust plc was formed in 2013 and is domiciled in the United Kingdom.