The Baillie Gifford Japan Trust (LON:BGFD) Reaches New 12-Month High – Here’s What Happened

The Baillie Gifford Japan Trust PLC (LON:BGFD) shares reached a new 52-week high during mid-day trading on Monday . The company 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 Price Performance

The stock has a market capitalization of £678.48 million, a P/E ratio of 3,700.00 and a beta of 0.73. The company has a debt-to-equity ratio of 18.86, a current ratio of 0.18 and a quick ratio of 0.14. The business’s 50 day moving average price is GBX 726.35 and its 200 day moving average price is GBX 724.89.

Insider Buying and Selling at The Baillie Gifford Japan Trust

In related news, insider Patricia Lewis purchased 219 shares of the firm’s stock in a transaction on Friday, January 3rd. The stock was acquired at an average price of GBX 712 ($8.82) per share, with a total value of £1,559.28 ($1,932.19). 1.50% of the stock is currently owned by insiders.

About The Baillie Gifford Japan Trust

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.