Baillie Gifford European Growth Trust (LON:BGEU) Trading 0.8% Higher

Baillie Gifford European Growth Trust plc (LON:BGEU)’s share price traded up 0.8% during mid-day trading on Monday . The company traded as high as GBX 96.25 ($1.19) and last traded at GBX 95.70 ($1.18). 188,393 shares changed hands during trading, a decline of 67% from the average session volume of 570,401 shares. The stock had previously closed at GBX 94.90 ($1.17).

Baillie Gifford European Growth Trust Trading Down 0.4 %

The company has a market cap of £345.26 million, a P/E ratio of -1,377.14 and a beta of 1.01. The company has a current ratio of 13.62, a quick ratio of 4.20 and a debt-to-equity ratio of 13.70. The business has a 50 day moving average price of GBX 97.06 and a 200-day moving average price of GBX 90.56.

Baillie Gifford European Growth Trust Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, February 2nd. Stockholders of record on Thursday, January 4th were paid a dividend of GBX 0.40 ($0.00) per share. This represents a dividend yield of 0.47%. The ex-dividend date of this dividend was Thursday, January 4th. Baillie Gifford European Growth Trust’s dividend payout ratio is currently -1,428.57%.

About Baillie Gifford European Growth Trust

The European Investment Trust plc is a closed ended equity mutual fund launched and managed by Edinburgh Partners AIFM Limited. The fund is co-managed by Edinburgh Partners Limited. It invests in public equity markets of Europe, excluding the United Kingdom. The fund seeks to invest in stocks of companies operating across diversified sectors.