Baillie Gifford Shin Nippon (LON:BGS) Stock Crosses Below 50 Day Moving Average – Should You Sell?

Shares of Baillie Gifford Shin Nippon PLC (LON:BGS) crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 129.89 and traded as low as GBX 127.50. Baillie Gifford Shin Nippon shares last traded at GBX 128, with a volume of 730,420 shares traded.

Baillie Gifford Shin Nippon Stock Up 0.8%

The company has a current ratio of 0.13, a quick ratio of 3.66 and a debt-to-equity ratio of 20.31. The firm has a market capitalization of £320.97 million, a P/E ratio of 50.79 and a beta of 0.60. The stock’s 50-day simple moving average is GBX 129.89 and its 200-day simple moving average is GBX 127.83.

Baillie Gifford Shin Nippon (LON:BGS) last announced its earnings results on Friday, September 5th. The company reported GBX 0.37 earnings per share for the quarter. Baillie Gifford Shin Nippon had a negative return on equity of 13.81% and a net margin of 101.98%.

Baillie Gifford Shin Nippon Company Profile

The Trust aims to achieve long-term capital growth principally through investment in small Japanese companies which are believed to have above-average prospects for capital growth. We invest in 40–80 attractively valued smaller companies that we believe offer good growth opportunities. The Trust is actively managed and will primarily consist of listed companies although up to 10% of total assets can be invested, at the time of initial investment, in unlisted investments, including private companies.