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

Baillie Gifford UK Growth Trust plc (LON:BGUK)’s stock price reached a new 52-week high during mid-day trading on Friday . The company 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 Stock Performance

The stock’s 50-day simple moving average is GBX 202.99 and its two-hundred day simple moving average is GBX 202.45. The company has a debt-to-equity ratio of 8.46, a quick ratio of 0.48 and a current ratio of 0.29. The stock has a market cap of £236.66 million, a price-to-earnings ratio of 7.24 and a beta of 1.04.

Insider Buying and Selling at Baillie Gifford UK Growth Trust

In other Baillie Gifford UK Growth Trust news, insider Neil Rogan acquired 45,354 shares of the business’s stock in a transaction dated Tuesday, December 2nd. The shares were acquired 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 company insiders.

About Baillie Gifford UK Growth Trust

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.