Schroder Japan Trust (LON:SJG) Hits New 1-Year High – Here’s Why

Schroder Japan Trust (LON:SJGGet Free Report)’s stock price hit a new 52-week high during trading on Tuesday . The stock traded as high as GBX 314 and last traded at GBX 314, with a volume of 71430 shares changing hands. The stock had previously closed at GBX 313.

Schroder Japan Trust Price Performance

The business’s 50-day moving average price is GBX 303.49 and its two-hundred day moving average price is GBX 283.01. The company has a market capitalization of £359.74 million, a P/E ratio of 17.38 and a beta of 0.48.

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

Insider Buying and Selling

In other news, insider Helena Coles purchased 708 shares of Schroder Japan Trust stock in a transaction on Friday, November 28th. The stock was purchased at an average price of GBX 307 per share, with a total value 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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