Baillie Gifford Shin Nippon (LON:BGS) Sets New 52-Week High – Here’s What Happened

Baillie Gifford Shin Nippon PLC (LON:BGSGet Free Report) shares reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 165.60 and last traded at GBX 162.80, with a volume of 216652 shares changing hands. The stock had previously closed at GBX 162.60.

Baillie Gifford Shin Nippon Price Performance

The company has a market cap of £324.10 million, a PE ratio of 32.46 and a beta of 0.92. The business’s 50 day moving average price is GBX 148.45 and its 200-day moving average price is GBX 140.39. The company has a quick ratio of 3.66, a current ratio of 0.27 and a debt-to-equity ratio of 19.54.

Baillie Gifford Shin Nippon (LON:BGSGet Free Report) last posted its quarterly earnings data on Tuesday, March 31st. The company reported GBX 0.77 earnings per share (EPS) for the quarter. The company had revenue of GBX 705 million for the quarter. Baillie Gifford Shin Nippon had a net margin of 101.98% and a return on equity of 3.55%.

Insider Activity

In other news, insider Abigail Rotheroe acquired 7,438 shares of the company’s stock in a transaction dated Wednesday, May 27th. The shares were bought at an average price of GBX 160 per share, for a total transaction of £11,900.80. 0.16% of the stock is owned by corporate insiders.

About Baillie Gifford Shin Nippon

(Get Free Report)

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.

See Also

Receive News & Ratings for Baillie Gifford Shin Nippon Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Baillie Gifford Shin Nippon and related companies with MarketBeat.com's FREE daily email newsletter.