Schroder Japan Trust (LON:SJG) Stock Price Crosses Above 50 Day Moving Average – Time to Sell?

Schroder Japan Trust (LON:SJG) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 249.39 ($3.25) and traded as high as GBX 253 ($3.29). Schroder Japan Trust shares last traded at GBX 250 ($3.25), with a volume of 250,918 shares trading hands.

Schroder Japan Trust Price Performance

The company has a debt-to-equity ratio of 10.85, a quick ratio of 3.60 and a current ratio of 0.07. The business has a 50 day simple moving average of GBX 249.39 and a 200-day simple moving average of GBX 253.71. The firm has a market cap of £288.36 million, a price-to-earnings ratio of 641.03 and a beta of 0.48.

Schroder Japan Trust Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, December 13th. Investors of record on Thursday, November 7th will be given a dividend of GBX 10.81 ($0.14) per share. This is a boost from Schroder Japan Trust’s previous dividend of $5.40. The ex-dividend date is Thursday, November 7th. This represents a dividend yield of 4.41%. Schroder Japan Trust’s payout ratio is presently 1,282.05%.

About Schroder Japan Trust

Schroder Japan Trust plc formerly known as Schroder Japan Growth Fund plc is an open-ended equity mutual fund launched and managed by Schroder Investment Management Limited. The fund invests in the public equity markets of Japan. It invests in stocks of companies operating across diversified sectors.