Schroder Japan Trust (LON:SJG) Share Price Passes Above Two Hundred Day Moving Average – Here’s Why

Schroder Japan Trust (LON:SJGGet Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 260.72 ($3.50) and traded as high as GBX 286 ($3.84). Schroder Japan Trust shares last traded at GBX 283 ($3.80), with a volume of 94,695 shares changing hands.

Schroder Japan Trust Stock Performance

The stock has a market capitalization of £325.24 million, a price-to-earnings ratio of 769.65 and a beta of 0.48. The business has a 50-day moving average of GBX 283.58 and a 200-day moving average of GBX 260.72.

Schroder Japan Trust (LON:SJGGet Free Report) last released its quarterly earnings results on Thursday, October 9th. The company reported GBX 6.91 earnings per share (EPS) for the quarter. Schroder Japan Trust had a return on equity of 18.12% and a net margin of 99.53%.

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.

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