The Baillie Gifford Japan Trust (LON:BGFD) Reaches New 52-Week High – Here’s Why

The Baillie Gifford Japan Trust PLC (LON:BGFDGet Free Report)’s stock price hit a new 52-week high during trading on Thursday . The stock traded as high as GBX 766 ($9.54) and last traded at GBX 763.20 ($9.50), with a volume of 205672 shares traded. The stock had previously closed at GBX 765 ($9.52).

The Baillie Gifford Japan Trust Price Performance

The company’s 50 day moving average is GBX 717.09 and its 200 day moving average is GBX 724.41. The company has a current ratio of 0.18, a quick ratio of 0.14 and a debt-to-equity ratio of 18.86. The stock has a market capitalization of £668.87 million, a price-to-earnings ratio of 3,647.62 and a beta of 0.73.

The Baillie Gifford Japan Trust (LON:BGFDGet Free Report) last announced its quarterly earnings results on Tuesday, October 29th. The company reported GBX 8.23 ($0.10) EPS for the quarter. The Baillie Gifford Japan Trust had a net margin of 191.87% and a return on equity of 2.40%.

Insider Buying and Selling at The Baillie Gifford Japan Trust

In other The Baillie Gifford Japan Trust news, insider Patricia Lewis acquired 219 shares of the company’s stock in a transaction on Friday, January 3rd. The shares were bought at an average cost of GBX 712 ($8.86) per share, for a total transaction of £1,559.28 ($1,941.33). 1.50% of the stock is currently owned by company insiders.

About The Baillie Gifford Japan Trust

(Get Free Report)

The Trust aims to pursue long-term capital growth principally through investment in medium to smaller sized Japanese companies which are believed to have above average prospects for growth. We invest in a spread of 40–70 companies, predominantly medium and smaller sized, that we believe offer good growth opportunities.

Growth may come from innovative business models, disrupting traditional Japanese practices or market opportunities, such as growth from overseas.

We aim to take a three to five year view and the Trust is managed by looking at the underlying investments rather than the benchmark which is TOPIX total return.

Further Reading

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