CC Japan Income & Growth Trust (LON:CCJI) Stock Crosses Below 50-Day Moving Average of $196.37

Shares of CC Japan Income & Growth Trust plc (LON:CCJI) passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 196.37 ($2.44) and traded as low as GBX 192 ($2.39). CC Japan Income & Growth Trust shares last traded at GBX 192.50 ($2.40), with a volume of 325,408 shares.

CC Japan Income & Growth Trust Stock Performance

The firm has a market capitalization of £254.64 million and a price-to-earnings ratio of 2,127.78. The business has a fifty day moving average of GBX 196.78 and a two-hundred day moving average of GBX 180.75.

CC Japan Income & Growth Trust Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, March 1st. Shareholders of record on Thursday, February 1st were issued a GBX 3.75 ($0.05) dividend. This represents a yield of 2.1%. This is a positive change from CC Japan Income & Growth Trust’s previous dividend of $1.55. The ex-dividend date of this dividend was Thursday, February 1st. CC Japan Income & Growth Trust’s dividend payout ratio is currently 5,555.56%.

Insider Buying and Selling at CC Japan Income & Growth Trust

In other news, insider John Charlton Jones acquired 10,218 shares of the firm’s stock in a transaction on Monday, April 8th. The shares were purchased at an average cost of GBX 199 ($2.48) per share, with a total value of £20,333.82 ($25,312.86). In related news, insider June Aitken bought 778 shares of the business’s stock in a transaction dated Tuesday, March 5th. The stock was purchased at an average cost of GBX 199 ($2.48) per share, for a total transaction of £1,548.22 ($1,927.32). Also, insider John Charlton Jones acquired 10,218 shares of the company’s stock in a transaction that occurred on Monday, April 8th. The shares were acquired at an average price of GBX 199 ($2.48) per share, with a total value of £20,333.82 ($25,312.86). Insiders own 9.30% of the company’s stock.

CC Japan Income & Growth Trust Company Profile

CC Japan Income & Growth Trust plc is an equity mutual fund launched and managed by Coupland Cardiff Asset Management LLP. It invests in the equity markets of Japan. The fund invests in stocks of companies operating across the diversified sectors. CC Japan Income & Growth Trust plc was formed in 2013 and is domiciled in the United Kingdom.