The Baillie Gifford Japan Trust (LON:BGFD) Sets New 12-Month High – Time to Buy?

Shares of The Baillie Gifford Japan Trust PLC (LON:BGFDGet Free Report) hit a new 52-week high on Thursday . The stock traded as high as GBX 1,026.22 and last traded at GBX 1,026.22, with a volume of 931480 shares traded. The stock had previously closed at GBX 1,008.

The Baillie Gifford Japan Trust Stock Up 2.4%

The company has a current ratio of 0.14, a quick ratio of 0.14 and a debt-to-equity ratio of 7.29. The business has a 50-day moving average price of GBX 986.87 and a 200-day moving average price of GBX 932.42. The firm has a market cap of £685.36 million, a P/E ratio of 5.46 and a beta of 0.99.

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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