Baillie Gifford UK Growth Trust (LON:BGUK) Hits New 12-Month High – What’s Next?

Shares of Baillie Gifford UK Growth Trust plc (LON:BGUK) hit a new 52-week high during trading on Thursday . The stock traded as high as GBX 196.50 ($2.46) and last traded at GBX 196.50 ($2.46), with a volume of 491542 shares. The stock had previously closed at GBX 194 ($2.43).

Baillie Gifford UK Growth Trust Price Performance

The stock has a market cap of £284.79 million, a P/E ratio of 16,950.00 and a beta of 1.04. The company’s fifty day simple moving average is GBX 181.30 and its 200-day simple moving average is GBX 178.01. The company has a current ratio of 0.24, a quick ratio of 0.48 and a debt-to-equity ratio of 6.21.

Insider Buying and Selling

In related news, insider Seema Paterson purchased 10,000 shares of the stock in a transaction that occurred on Tuesday, January 28th. The stock was acquired at an average price of GBX 191 ($2.39) per share, with a total value of £19,100 ($23,877.98). Also, insider Ruary Neill bought 8,368 shares of the company’s stock in a transaction dated Monday, December 2nd. The shares were purchased at an average price of GBX 179 ($2.24) per share, with a total value of £14,978.72 ($18,725.74). 3.18% of the stock is owned by corporate insiders.

About Baillie Gifford UK Growth Trust

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.