Baillie Gifford Shin Nippon (LON:BGS) Hits New 52-Week High – Still a Buy?

Baillie Gifford Shin Nippon PLC (LON:BGSGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 172.85 and last traded at GBX 172, with a volume of 387067 shares traded. The stock had previously closed at GBX 170.60.

Baillie Gifford Shin Nippon Stock Performance

The company has a market cap of £342.24 million, a P/E ratio of 34.47 and a beta of 0.93. The stock has a 50 day moving average price of GBX 161.38 and a two-hundred day moving average price of GBX 150.57. The company has a quick ratio of 3.66, a current ratio of 0.27 and a debt-to-equity ratio of 19.54.

Insiders Place Their Bets

In other news, insider Abigail Rotheroe acquired 7,438 shares of the stock in a transaction on Wednesday, May 27th. The shares were purchased at an average price of GBX 160 per share, for a total transaction of £11,900.80. 0.20% of the stock is owned by insiders.

About Baillie Gifford Shin Nippon

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Baillie Gifford Shin Nippon Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Baillie Gifford Shin Nippon and related companies with MarketBeat.com's FREE daily email newsletter.