Baillie Gifford UK Growth Trust (LON:BGUK) Hits New 12-Month High – Should You Buy?
by Teresa Graham · The Cerbat GemBaillie Gifford UK Growth Trust plc (LON:BGUK – Get Free Report) shares reached a new 52-week high on Friday . The stock traded as high as GBX 210 and last traded at GBX 205, with a volume of 315137 shares changing hands. The stock had previously closed at GBX 206.
Baillie Gifford UK Growth Trust Trading Down 0.5%
The company has a debt-to-equity ratio of 8.46, a current ratio of 0.29 and a quick ratio of 0.48. The stock’s 50-day moving average is GBX 203 and its two-hundred day moving average is GBX 202.33. The company has a market cap of £236.66 million, a P/E ratio of 7.24 and a beta of 1.04.
Insider Activity at Baillie Gifford UK Growth Trust
In other news, insider Neil Rogan acquired 45,354 shares of Baillie Gifford UK Growth Trust stock in a transaction that occurred on Tuesday, December 2nd. The stock was bought at an average price of GBX 204 per share, for a total transaction of £92,522.16. 0.42% of the stock is owned by insiders.
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. 10% of the total asset value of the Trust can be invested, at the time of initial investment, in private companies. Sector and industry weightings are a consequence of the index agnostic approach to stock selection.