The Baillie Gifford Japan Trust (LON:BGFD) Announces Earnings Results

The Baillie Gifford Japan Trust (LON:BGFD) issued its earnings results on Friday. The company reported GBX 3.41 ($0.04) earnings per share for the quarter, Digital Look Earnings reports. The Baillie Gifford Japan Trust had a return on equity of 8.49% and a net margin of 94.64%.

The Baillie Gifford Japan Trust Stock Performance

Shares of LON BGFD opened at GBX 748 ($9.68) on Friday. The stock has a market cap of £682.73 million, a price-to-earnings ratio of 10.37 and a beta of 0.73. The Baillie Gifford Japan Trust has a fifty-two week low of GBX 638.54 ($8.26) and a fifty-two week high of GBX 791 ($10.24). The firm’s 50-day simple moving average is GBX 760.58 and its 200 day simple moving average is GBX 733.11.

Insider Transactions at The Baillie Gifford Japan Trust

In other news, insider Patricia Lewis bought 219 shares of the stock in a transaction dated Friday, January 3rd. The stock was bought at an average price of GBX 712 ($9.22) per share, for a total transaction of £1,559.28 ($2,018.22). Company insiders own 1.50% of the company’s stock.

About The Baillie Gifford Japan Trust

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.