Baillie Gifford UK Growth Trust (LON:BGUK) Hits New 1-Year High – Time to Buy?

Baillie Gifford UK Growth Trust plc (LON:BGUK)’s stock price reached a new 52-week high on Tuesday . The company traded as high as GBX 192 ($2.38) and last traded at GBX 191 ($2.37), with a volume of 476307 shares changing hands. The stock had previously closed at GBX 182 ($2.26).

Baillie Gifford UK Growth Trust Trading Up 1.0 %

The company has a debt-to-equity ratio of 6.21, a quick ratio of 0.48 and a current ratio of 0.24. The company has a market capitalization of £281.16 million, a price-to-earnings ratio of 16,950.00 and a beta of 1.04. The firm has a fifty day moving average price of GBX 179.80 and a 200-day moving average price of GBX 177.38.

Insiders Place Their Bets

In related news, insider Seema Paterson bought 10,000 shares of the company’s stock in a transaction dated Tuesday, January 28th. The stock was purchased at an average price of GBX 191 ($2.37) per share, with a total value of £19,100 ($23,720.81). Also, insider Ruary Neill purchased 8,368 shares of Baillie Gifford UK Growth Trust stock in a transaction dated Monday, December 2nd. The stock was bought at an average price of GBX 179 ($2.22) per share, for a total transaction of £14,978.72 ($18,602.48). 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.