Schroder Japan Trust (LON:SJG) Share Price Passes Above 50 Day Moving Average – Here’s What Happened

Schroder Japan Trust (LON:SJGGet 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 312.72 and traded as high as GBX 331.50. Schroder Japan Trust shares last traded at GBX 328, with a volume of 325,007 shares changing hands.

Schroder Japan Trust Stock Performance

The stock’s 50-day moving average is GBX 312.72 and its 200 day moving average is GBX 292.02. The firm has a market cap of £375.57 million, a P/E ratio of 18.15 and a beta of 0.48.

Insiders Place Their Bets

In related news, insider Helena Coles purchased 708 shares of the business’s stock in a transaction on Friday, November 28th. The stock was acquired at an average price of GBX 307 per share, for a total transaction of £2,173.56. Insiders own 0.31% 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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