CC Japan Income & Growth (LON:CCJI) Stock Price Crosses Below Fifty Day Moving Average – Here’s Why

CC Japan Income & Growth (LON:CCJI) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 185.85 ($2.41) and traded as low as GBX 183.80 ($2.38). CC Japan Income & Growth shares last traded at GBX 185 ($2.39), with a volume of 192,788 shares.

CC Japan Income & Growth Trading Down 0.8 %

The company has a fifty day simple moving average of GBX 185.85 and a two-hundred day simple moving average of GBX 185.25. The company has a market cap of £248.81 million and a PE ratio of 4.09.

CC Japan Income & Growth (LON:CCJI) last released its earnings results on Wednesday, January 22nd. The company reported GBX 5.32 ($0.07) earnings per share for the quarter. CC Japan Income & Growth had a net margin of 95.50% and a return on equity of 22.45%.

CC Japan Income & Growth Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, March 3rd. Stockholders of record on Thursday, January 30th were issued a GBX 3.85 ($0.05) dividend. This represents a dividend yield of 2.03%. This is a positive change from CC Japan Income & Growth’s previous dividend of $1.60. The ex-dividend date of this dividend was Thursday, January 30th. CC Japan Income & Growth’s dividend payout ratio (DPR) is presently 11.06%.

Insider Buying and Selling

In other CC Japan Income & Growth news, insider June Aitken bought 878 shares of the firm’s stock in a transaction that occurred on Wednesday, March 5th. The stock was purchased at an average price of GBX 186 ($2.41) per share, for a total transaction of £1,633.08 ($2,113.75). Insiders own 9.30% of the company’s stock.

CC Japan Income & Growth Company Profile

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.