Baillie Gifford Shin Nippon (LON:BGS) Sets New 1-Year High – What’s Next?

Baillie Gifford Shin Nippon PLC (LON:BGS)’s share price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 147.60 and last traded at GBX 147.01, with a volume of 2267875 shares trading hands. The stock had previously closed at GBX 145.60.

Baillie Gifford Shin Nippon Stock Performance

The stock’s 50 day moving average is GBX 134.84 and its two-hundred day moving average is GBX 132.79. The firm has a market capitalization of £360.65 million, a P/E ratio of 57.88 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.

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.