Baillie Gifford UK Growth Trust (LON:BGUK) Reaches New 12-Month High – Should You Buy?

Baillie Gifford UK Growth Trust plc (LON:BGUKGet Free Report) shares hit a new 52-week high on Wednesday . The stock traded as high as GBX 211 and last traded at GBX 211, with a volume of 329075 shares trading hands. The stock had previously closed at GBX 209.

Baillie Gifford UK Growth Trust Trading Up 1.0%

The firm’s 50 day simple moving average is GBX 196.15 and its two-hundred day simple moving average is GBX 201.38. The firm has a market cap of £233.28 million, a price-to-earnings ratio of 7.45 and a beta of 1.35.

Insiders Place Their Bets

In other Baillie Gifford UK Growth Trust news, insider Cathy Pitt acquired 5,014 shares of the company’s stock in a transaction on Thursday, March 5th. The stock was acquired at an average price of GBX 198 per share, for a total transaction of £9,927.72. 0.44% of the stock is owned by company insiders.

About Baillie Gifford UK Growth Trust

(Get Free Report)

The Trust aims to achieve capital growth predominantly from investment in UK listed equities, with the aim of providing a total return in excess of the FTSE All-Share Index. Investments are made with a five year investment horizon and the portfolio is relatively concentrated with between 35 – 65 companies. 10% of the total asset value of the Trust can be invested, at the time of initial investment, in private companies. Sector and industry weightings are a consequence of the index agnostic approach to stock selection.

Featured Stories

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