Baillie Gifford UK Growth Trust (LON:BGUK) Reaches New 52-Week High – Should You Buy?

Shares of Baillie Gifford UK Growth Trust plc (LON:BGUK) hit 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’s fifty day moving average is GBX 179.80 and its 200-day moving average is GBX 177.38. The company has a current ratio of 0.24, a quick ratio of 0.48 and a debt-to-equity ratio of 6.21. The firm has a market capitalization of £281.16 million, a P/E ratio of 16,950.00 and a beta of 1.04.

Insider Transactions at Baillie Gifford UK Growth Trust

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