Insider Buying: Baillie Gifford Shin Nippon PLC (LON:BGS) Insider Buys 20,000 Shares of Stock

Baillie Gifford Shin Nippon PLC (LON:BGS) insider Kevin Troup acquired 20,000 shares of Baillie Gifford Shin Nippon stock in a transaction that occurred on Friday, April 4th. The shares were purchased at an average cost of GBX 99 ($1.28) per share, for a total transaction of £19,800 ($25,522.04).

Baillie Gifford Shin Nippon Stock Down 4.7 %

LON:BGS traded down GBX 4.67 ($0.06) on Monday, hitting GBX 95.03 ($1.22). 2,946,838 shares of the company’s stock were exchanged, compared to its average volume of 976,974. The company has a market cap of £265.30 million, a P/E ratio of -4.81 and a beta of 0.60. Baillie Gifford Shin Nippon PLC has a 52 week low of GBX 91.41 ($1.18) and a 52 week high of GBX 122 ($1.57). The firm has a 50-day moving average price of GBX 115.32 and a 200-day moving average price of GBX 114.05. The company has a debt-to-equity ratio of 20.31, a current ratio of 0.13 and a quick ratio of 3.66.

Baillie Gifford Shin Nippon (LON:BGS) last posted its quarterly earnings data on Thursday, April 3rd. The company reported GBX 0.67 ($0.01) EPS for the quarter. Baillie Gifford Shin Nippon had a negative return on equity of 13.81% and a net margin of 101.98%.

Baillie Gifford Shin Nippon Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, May 29th. Stockholders of record on Thursday, April 17th will be paid a GBX 0.60 ($0.01) dividend. This represents a dividend yield of 0.57%. The ex-dividend date is Thursday, April 17th. Baillie Gifford Shin Nippon’s dividend payout ratio is -5.06%.

Baillie Gifford Shin Nippon Company Profile

The Trust aims to achieve long-term capital growth principally through investment in small Japanese companies which are believed to have above-average prospects for capital growth. We invest in 40–80 attractively valued smaller companies that we believe offer good growth opportunities. The Trust is actively managed and will primarily consist of listed companies although up to 10% of total assets can be invested, at the time of initial investment, in unlisted investments, including private companies.