Baillie Gifford Shin Nippon (LON:BGS) Sets New 52-Week High – Should You Buy?

Baillie Gifford Shin Nippon PLC (LON:BGS) reached a new 52-week high during trading on Friday . The company traded as high as GBX 139.60 and last traded at GBX 138.40, with a volume of 811560 shares traded. The stock had previously closed at GBX 137.60.

Baillie Gifford Shin Nippon Stock Up 0.6%

The stock has a market capitalization of £340.04 million, a P/E ratio of 54.49 and a beta of 0.60. The company has a debt-to-equity ratio of 20.31, a current ratio of 0.13 and a quick ratio of 3.66. The stock’s fifty day moving average is GBX 129.84 and its two-hundred day moving average is GBX 130.59.

Baillie Gifford Shin Nippon Company Profile

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.