The Baillie Gifford Japan Trust (LON:BGFD) Reaches New 1-Year High – Should You Buy?

The Baillie Gifford Japan Trust PLC (LON:BGFDGet Free Report)’s stock price hit a new 52-week high during trading on Wednesday . The company traded as high as GBX 1,026 and last traded at GBX 1,010, with a volume of 14338 shares. The stock had previously closed at GBX 1,016.

The Baillie Gifford Japan Trust Trading Down 1.4%

The company has a market cap of £656.14 million, a P/E ratio of 5.23 and a beta of 0.81. The firm’s 50 day moving average is GBX 979.99 and its two-hundred day moving average is GBX 926.89. The company has a quick ratio of 0.14, a current ratio of 0.14 and a debt-to-equity ratio of 7.29.

About The Baillie Gifford Japan Trust

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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.

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