Schroder Japan Trust (LON:SJG) Shares Cross Above Fifty Day Moving Average – What’s Next?

Schroder Japan Trust (LON:SJG) shares passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 253.41 ($3.15) and traded as high as GBX 256 ($3.19). Schroder Japan Trust shares last traded at GBX 252 ($3.14), with a volume of 162,080 shares traded.

Schroder Japan Trust Trading Down 0.4 %

The firm has a market capitalization of £294.49 million, a P/E ratio of 646.15 and a beta of 0.48. The stock’s 50-day simple moving average is GBX 253.41 and its two-hundred day simple moving average is GBX 252.05. The company has a debt-to-equity ratio of 10.85, a current ratio of 0.07 and a quick ratio of 3.60.

Schroder Japan Trust Cuts Dividend

The business also recently announced a dividend, which will be paid on Friday, January 31st. Investors of record on Thursday, January 2nd will be given a dividend of GBX 2.82 ($0.04) per share. The ex-dividend date is Thursday, January 2nd. This represents a dividend yield of 1.11%. Schroder Japan Trust’s dividend payout ratio is 1,282.05%.

About Schroder Japan Trust

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.