The Baillie Gifford Japan Trust (LON:BGFD) Reaches New 12-Month High – Here’s What Happened

The Baillie Gifford Japan Trust PLC (LON:BGFD) shares reached a new 52-week high during trading on Monday . The company traded as high as GBX 1,018 and last traded at GBX 1,013.99, with a volume of 3440 shares traded. The stock had previously closed at GBX 1,014.

The Baillie Gifford Japan Trust Stock Performance

The company has a fifty day moving average price of GBX 963.30 and a two-hundred day moving average price of GBX 919.30. The firm has a market cap of £687.43 million, a price-to-earnings ratio of 5.36 and a beta of 0.99. The company has a debt-to-equity ratio of 7.29, a current ratio of 0.14 and a quick ratio of 0.14.

The Baillie Gifford Japan Trust (LON:BGFD) last released its earnings results on Thursday, April 2nd. The company reported GBX 3.03 earnings per share (EPS) for the quarter. The Baillie Gifford Japan Trust had a return on equity of 19.34% and a net margin of 158.45%.The firm had revenue of GBX 680 million for the quarter.

About The Baillie Gifford Japan Trust

The Trust aims to pursue long-term capital growth principally through investment in medium to smaller sized Japanese companies which are believed to have above average prospects for growth. We invest in a spread of 40–70 companies, predominantly medium and smaller sized, that we believe offer good growth opportunities.

Growth may come from innovative business models, disrupting traditional Japanese practices or market opportunities, such as growth from overseas.

We aim to take a three to five year view and the Trust is managed by looking at the underlying investments rather than the benchmark which is TOPIX total return.