The Baillie Gifford Japan Trust (LON:BGFD) Sets New 12-Month High – Time to Buy?

The Baillie Gifford Japan Trust PLC (LON:BGFDGet Free Report)’s share price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 1,026.22 and last traded at GBX 1,026.22, with a volume of 931480 shares changing hands. The stock had previously closed at GBX 1,008.

The Baillie Gifford Japan Trust Price Performance

The firm has a market capitalization of £685.36 million, a P/E ratio of 5.46 and a beta of 0.99. The stock’s 50 day simple moving average is GBX 986.87 and its 200 day simple moving average is GBX 932.42. The company has a debt-to-equity ratio of 7.29, a quick ratio of 0.14 and a current ratio of 0.14.

About The Baillie Gifford Japan Trust

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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.

Further Reading

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