Baillie Gifford UK Growth Trust (LON:BGUK) Sets New 1-Year High – Time to Buy?

Baillie Gifford UK Growth Trust plc (LON:BGUK)’s share price reached a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 223 and last traded at GBX 220, with a volume of 24376 shares. The stock had previously closed at GBX 220.

Baillie Gifford UK Growth Trust Trading Up 1.8%

The stock has a market capitalization of £242.15 million, a PE ratio of 7.80 and a beta of 0.95. The company’s 50 day moving average price is GBX 212.92 and its two-hundred day moving average price is GBX 205.36. The company has a debt-to-equity ratio of 9.92, a current ratio of 0.17 and a quick ratio of 0.48.

Baillie Gifford UK Growth Trust (LON:BGUK) last released its earnings results on Friday, June 26th. The company reported GBX 6.23 earnings per share for the quarter. The business had revenue of GBX 889 million for the quarter. Baillie Gifford UK Growth Trust had a net margin of 91.43% and a return on equity of 13.49%.

Insider Transactions at Baillie Gifford UK Growth Trust

In related news, insider Seema Paterson bought 10,000 shares of the company’s stock in a transaction on Tuesday, June 30th. The stock was bought at an average cost of GBX 213 per share, for a total transaction of £21,300. 0.47% of the stock is currently owned by insiders.

Baillie Gifford UK Growth Trust Company Profile

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.