Baillie Gifford UK Growth Trust (LON:BGUK) Hits New 12-Month High – Still a Buy?

Shares of Baillie Gifford UK Growth Trust plc (LON:BGUK) reached a new 52-week high on Tuesday . The company traded as high as GBX 183.50 ($2.27) and last traded at GBX 183 ($2.26), with a volume of 207577 shares changing hands. The stock had previously closed at GBX 181.50 ($2.24).

Baillie Gifford UK Growth Trust Price Performance

The stock has a fifty day simple moving average of GBX 178.39 and a two-hundred day simple moving average of GBX 176.78. The firm has a market cap of £265.95 million, a PE ratio of 16,950.00 and a beta of 1.04. The company has a current ratio of 0.24, a quick ratio of 0.48 and a debt-to-equity ratio of 6.21.

Insider Activity

In other Baillie Gifford UK Growth Trust news, insider Ruary Neill purchased 8,368 shares of the company’s stock in a transaction dated Monday, December 2nd. The stock was purchased at an average price of GBX 179 ($2.21) per share, for a total transaction of £14,978.72 ($18,501.38). Company insiders own 3.18% of the company’s stock.

Baillie Gifford UK Growth Trust Company Profile

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.