Baillie Gifford UK Growth Trust (LON:BGUK) Hits New 12-Month High – What’s Next?

Baillie Gifford UK Growth Trust plc (LON:BGUK) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 196.50 ($2.46) and last traded at GBX 196.50 ($2.46), with a volume of 491542 shares. The stock had previously closed at GBX 194 ($2.43).

Baillie Gifford UK Growth Trust Stock Performance

The company has a quick ratio of 0.48, a current ratio of 0.24 and a debt-to-equity ratio of 6.21. The firm has a market capitalization of £284.79 million, a price-to-earnings ratio of 16,950.00 and a beta of 1.04. The company has a 50-day moving average price of GBX 181.30 and a 200-day moving average price of GBX 178.01.

Insider Activity

In related news, insider Seema Paterson acquired 10,000 shares of the business’s stock in a transaction dated Tuesday, January 28th. The stock was bought at an average price of GBX 191 ($2.39) per share, for a total transaction of £19,100 ($23,877.98). Also, insider Ruary Neill purchased 8,368 shares of the firm’s stock in a transaction that occurred on Monday, December 2nd. The stock was bought at an average price of GBX 179 ($2.24) per share, with a total value of £14,978.72 ($18,725.74). Corporate insiders own 3.18% of the company’s stock.

About Baillie Gifford UK Growth Trust

The Trust aims to achieve capital growth predominantly from investment in UK listed equities, with the aim of providing a total return in excess of the FTSE All-Share Index. Investments are made with a five year investment horizon and the portfolio is relatively concentrated with between 35 – 65 companies.