CC Japan Income & Growth (LON:CCJI) Share Price Crosses Below 50 Day Moving Average – Time to Sell?

CC Japan Income & Growth (LON:CCJI) crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 240.90 and traded as low as GBX 240. CC Japan Income & Growth shares last traded at GBX 240, with a volume of 90,097 shares changing hands.

CC Japan Income & Growth Trading Down 0.8%

The stock’s fifty day moving average is GBX 240.90 and its 200 day moving average is GBX 230.49. The company has a market capitalization of £320.79 million, a P/E ratio of 4.89 and a beta of 0.94.

CC Japan Income & Growth (LON:CCJI) last posted its quarterly earnings results on Wednesday, January 21st. The company reported GBX 5.92 EPS for the quarter. CC Japan Income & Growth had a net margin of 90.44% and a return on equity of 24.76%.

Insider Buying and Selling

In other news, insider John Charlton Jones purchased 2,040 shares of the stock in a transaction that occurred on Tuesday, January 27th. The stock was bought at an average cost of GBX 243 per share, for a total transaction of £4,957.20. 0.22% of the stock is owned by corporate insiders.

CC Japan Income & Growth Company Profile

The investment objective of the Company is to provide Shareholders with dividend income combined with capital growth, mainly through investment in equities listed or quoted in Japan.