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

Schroder Japan Trust (LON:SJGGet Free Report) reached a new 52-week high on Wednesday . The company traded as high as GBX 380 and last traded at GBX 377, with a volume of 741909 shares trading hands. The stock had previously closed at GBX 366.

Schroder Japan Trust Price Performance

The business’s 50-day moving average price is GBX 335.27 and its two-hundred day moving average price is GBX 326.19. The company has a market capitalization of £422.72 million, a price-to-earnings ratio of 5.87 and a beta of 0.60.

Schroder Japan Trust (LON:SJGGet Free Report) last released its quarterly earnings results on Thursday, April 16th. The company reported GBX 3.02 earnings per share for the quarter. Schroder Japan Trust had a net margin of 119.46% and a return on equity of 19.51%. The company had revenue of GBX 468 million during the quarter.

Schroder Japan Trust Company Profile

(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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