Baillie Gifford UK Growth Trust (LON:BGUK) Sets New 12-Month High – Here’s Why

Shares of Baillie Gifford UK Growth Trust plc (LON:BGUK) reached a new 52-week high during trading on Friday . The stock traded as high as GBX 223 and last traded at GBX 213, with a volume of 129426 shares changing hands. The stock had previously closed at GBX 214.

Baillie Gifford UK Growth Trust Price Performance

The firm has a market capitalization of £227.22 million, a P/E ratio of 7.31 and a beta of 0.95. The company has a quick ratio of 0.48, a current ratio of 0.16 and a debt-to-equity ratio of 9.92. The business’s 50 day moving average is GBX 209.93 and its 200-day moving average is GBX 204.06.

Baillie Gifford UK Growth Trust (LON:BGUK) last released its earnings results on Friday, June 26th. The company reported GBX 6.23 earnings per share for the quarter. The firm had revenue of GBX 889 million during the quarter. Baillie Gifford UK Growth Trust had a return on equity of 13.49% and a net margin of 91.43%.

Insider Buying and Selling at Baillie Gifford UK Growth Trust

In other Baillie Gifford UK Growth Trust news, insider Seema Paterson acquired 10,000 shares of Baillie Gifford UK Growth Trust stock in a transaction that occurred on Tuesday, June 30th. The shares were acquired at an average cost of GBX 213 per share, with a total value of £21,300. 0.47% 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.