CC Japan Income & Growth (LON:CCJI) Share Price Passes Below 50 Day Moving Average – Here’s What Happened

CC Japan Income & Growth (LON:CCJIGet Free Report) crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 275.34 and traded as low as GBX 271. CC Japan Income & Growth shares last traded at GBX 276, with a volume of 153,901 shares changing hands.

CC Japan Income & Growth Price Performance

The business’s fifty day simple moving average is GBX 275.34 and its 200 day simple moving average is GBX 260.90. The stock has a market cap of £371.86 million, a price-to-earnings ratio of 3.54 and a beta of 0.89.

CC Japan Income & Growth (LON:CCJIGet Free Report) last issued its earnings results on Wednesday, June 17th. The company reported GBX 3.15 earnings per share for the quarter. CC Japan Income & Growth had a net margin of 95.52% and a return on equity of 30.46%. The company had revenue of GBX 567 million for the quarter.

Insider Activity

In related news, insider Katherine Cornish-Bowden bought 325 shares of the firm’s stock in a transaction on Thursday, August 6th. The stock was bought at an average cost of GBX 274 per share, for a total transaction of £890.50. Also, insider June Aitken bought 284 shares of the stock in a transaction dated Thursday, August 6th. The shares were bought at an average cost of GBX 274 per share, with a total value of £778.16. 0.22% of the stock is owned by corporate insiders.

CC Japan Income & Growth Company Profile

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The investment objective of the Company is to provide Shareholders with dividend income combined with capital growth, mainly through investment in equities listed or quoted in Japan.

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