Schroder Japan Trust (LON:SJG) Hits New 52-Week High – Still a Buy?

Schroder Japan Trust (LON:SJG) reached a new 52-week high during mid-day 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 firm’s fifty day simple moving average is GBX 303.49 and its 200 day simple moving average is GBX 283.01. The company has a market capitalization of £359.74 million, a price-to-earnings ratio of 17.38 and a beta of 0.48.

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

Insiders Place Their Bets

In other Schroder Japan Trust news, insider Helena Coles bought 708 shares of the business’s stock in a transaction on Friday, November 28th. The shares were bought at an average cost of GBX 307 per share, for a total transaction of £2,173.56. Corporate insiders own 0.31% of the company’s stock.

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.