Schroder Japan Trust (LON:SJG) Reaches New 12-Month High – Here’s What Happened

Schroder Japan Trust (LON:SJG) hit a new 52-week high on Tuesday . The company traded as high as GBX 314 and last traded at GBX 313, with a volume of 271470 shares changing hands. The stock had previously closed at GBX 306.

Schroder Japan Trust Stock Up 2.3%

The business’s 50-day simple moving average is GBX 300.53 and its 200 day simple moving average is GBX 280.88. The firm has a market capitalization of £358.59 million, a P/E ratio of 17.32 and a beta of 0.48.

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

Insider Activity

In related news, insider Helena Coles acquired 708 shares of the firm’s stock in a transaction dated Friday, November 28th. The shares were purchased at an average price of GBX 307 per share, for a total transaction of £2,173.56. Company insiders own 0.31% of the company’s stock.

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.