Baillie Gifford UK Growth Trust (LON:BGUK) Sets New 52-Week High – Here’s Why

Baillie Gifford UK Growth Trust plc (LON:BGUKGet Free Report) shares hit a new 52-week high during trading on Monday . The company traded as high as GBX 216 and last traded at GBX 211, with a volume of 112200 shares traded. The stock had previously closed at GBX 210.

Baillie Gifford UK Growth Trust Stock Performance

The stock has a market capitalization of £227.06 million, a P/E ratio of 7.45 and a beta of 1.37. The stock has a 50 day moving average of GBX 206.71 and a 200 day moving average of GBX 203.11.

Baillie Gifford UK Growth Trust Company Profile

(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.

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