The Baillie Gifford Japan Trust (LON:BGFD) Hits New 52-Week High – What’s Next?

The Baillie Gifford Japan Trust PLC (LON:BGFD)’s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 777 ($9.63) and last traded at GBX 777 ($9.63), with a volume of 29747 shares. The stock had previously closed at GBX 776 ($9.62).

The Baillie Gifford Japan Trust Trading Up 0.1 %

The firm has a market capitalization of £678.48 million, a PE ratio of 3,700.00 and a beta of 0.73. The company has a quick ratio of 0.14, a current ratio of 0.18 and a debt-to-equity ratio of 18.86. The business’s fifty day moving average price is GBX 726.35 and its 200 day moving average price is GBX 724.89.

Insiders Place Their Bets

In other The Baillie Gifford Japan Trust news, insider Patricia Lewis purchased 219 shares of the business’s stock in a transaction that occurred on Friday, January 3rd. The shares were purchased at an average price of GBX 712 ($8.82) per share, for a total transaction of £1,559.28 ($1,932.19). 1.50% of the stock is owned by corporate insiders.

The Baillie Gifford Japan Trust Company Profile

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.