Baillie Gifford UK Growth Trust (LON:BGUK) Trading Down 0.5% – Here’s Why

Baillie Gifford UK Growth Trust plc (LON:BGUK)’s stock price was down 0.5% during mid-day trading on Monday . The stock traded as low as GBX 203 and last traded at GBX 204. Approximately 101,301 shares traded hands during mid-day trading, a decline of 64% from the average daily volume of 278,075 shares. The stock had previously closed at GBX 205.

Baillie Gifford UK Growth Trust Stock Down 0.5%

The company has a market capitalization of £237.41 million, a P/E ratio of 7.20 and a beta of 1.04. The company has a 50-day moving average of GBX 203.34 and a two-hundred day moving average of GBX 201.92. The company has a quick ratio of 0.48, a current ratio of 0.29 and a debt-to-equity ratio of 8.46.

Insider Activity

In other news, insider Neil Rogan bought 45,354 shares of the firm’s stock in a transaction on Tuesday, December 2nd. The stock was acquired at an average cost of GBX 204 per share, with a total value of £92,522.16. 0.42% of the stock is currently owned by corporate 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.