The Baillie Gifford Japan Trust (LON:BGFD) Sets New 12-Month High – Here’s What Happened

The Baillie Gifford Japan Trust PLC (LON:BGFDGet Free Report) shares hit a new 52-week high on Tuesday . The stock traded as high as GBX 1,092 and last traded at GBX 1,076, with a volume of 143829 shares. The stock had previously closed at GBX 1,080.

The Baillie Gifford Japan Trust Stock Down 0.9%

The stock has a fifty day moving average of GBX 1,041.69 and a two-hundred day moving average of GBX 965.67. The company has a quick ratio of 0.14, a current ratio of 0.14 and a debt-to-equity ratio of 7.29. The stock has a market cap of £692.08 million, a price-to-earnings ratio of 5.66 and a beta of 0.99.

The Baillie Gifford Japan Trust Company Profile

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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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