Schroder Japan Trust (LON:SJG) Share Price Crosses Above Fifty Day Moving Average – Time to Sell?

Schroder Japan Trust (LON:SJG) shares crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 254.76 ($3.21) and traded as high as GBX 262 ($3.30). Schroder Japan Trust shares last traded at GBX 260 ($3.27), with a volume of 70,722 shares traded.

Schroder Japan Trust Trading Up 0.6 %

The firm’s 50 day simple moving average is GBX 255 and its 200-day simple moving average is GBX 251.67. The stock has a market capitalization of £305.90 million, a price-to-earnings ratio of 5.12 and a beta of 0.48.

Schroder Japan Trust Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, January 31st. Shareholders of record on Thursday, January 2nd were issued a GBX 2.82 ($0.04) dividend. The ex-dividend date of this dividend was Thursday, January 2nd. This represents a dividend yield of 1.11%. Schroder Japan Trust’s dividend payout ratio is currently 9.81%.

Schroder Japan Trust Company Profile

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.