CC Japan Income & Growth (LON:CCJI) Share Price Passes Below Fifty Day Moving Average of $191.72

CC Japan Income & Growth (LON:CCJI)’s stock price passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 191.72 ($2.52) and traded as low as GBX 184.02 ($2.42). CC Japan Income & Growth shares last traded at GBX 186 ($2.45), with a volume of 116,001 shares trading hands.

CC Japan Income & Growth Stock Performance

The stock has a market cap of £244.53 million and a P/E ratio of 2,016.67. The firm has a 50 day simple moving average of GBX 191.50 and a two-hundred day simple moving average of GBX 192.69.

CC Japan Income & Growth Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, August 2nd. Investors of record on Thursday, July 4th were given a GBX 1.60 ($0.02) dividend. The ex-dividend date was Thursday, July 4th. This represents a dividend yield of 0.86%. CC Japan Income & Growth’s dividend payout ratio (DPR) is presently 5,555.56%.

Insiders Place Their Bets

In other CC Japan Income & Growth news, insider June Aitken purchased 365 shares of the stock in a transaction dated Tuesday, August 6th. The shares were acquired at an average price of GBX 184 ($2.42) per share, for a total transaction of £671.60 ($883.10). Corporate insiders own 9.30% of the company’s stock.

CC Japan Income & Growth 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.