Baillie Gifford European Growth Trust (LON:BGEU) Sets New 1-Year Low – Time to Sell?

Baillie Gifford European Growth Trust plc (LON:BGEU)’s share price reached a new 52-week low on Thursday . The company traded as low as GBX 83 ($1.04) and last traded at GBX 83.70 ($1.05), with a volume of 582849 shares traded. The stock had previously closed at GBX 83.20 ($1.04).

Baillie Gifford European Growth Trust Stock Up 0.8 %

The business has a 50-day simple moving average of GBX 88.28 and a two-hundred day simple moving average of GBX 93.08. The company has a debt-to-equity ratio of 12.89, a quick ratio of 4.20 and a current ratio of 4.16. The company has a market capitalization of £298.27 million, a price-to-earnings ratio of 1,205.71 and a beta of 1.06.

About Baillie Gifford European Growth Trust

The European Investment Trust plc is a closed ended equity mutual fund launched and managed by Edinburgh Partners AIFM Limited. The fund is co-managed by Edinburgh Partners Limited. It invests in public equity markets of Europe, excluding the United Kingdom. The fund seeks to invest in stocks of companies operating across diversified sectors.