Baillie Gifford UK Growth Trust (LON:BGUK) Reaches New 1-Year High – Still a Buy?

Baillie Gifford UK Growth Trust plc (LON:BGUKGet Free Report) reached a new 52-week high during trading on Monday . The stock traded as high as GBX 231 and last traded at GBX 230, with a volume of 59523 shares traded. The stock had previously closed at GBX 230.

Baillie Gifford UK Growth Trust Price Performance

The stock’s 50-day simple moving average is GBX 213.83 and its two-hundred day simple moving average is GBX 205.75. The firm has a market cap of £244.64 million, a P/E ratio of 7.90 and a beta of 0.95. 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:BGUKGet Free Report) last released its quarterly earnings results on Friday, June 26th. The company reported GBX 6.23 EPS for the quarter. Baillie Gifford UK Growth Trust had a net margin of 91.43% and a return on equity of 13.49%. The firm had revenue of GBX 889 million during the quarter.

Insider Activity

In other Baillie Gifford UK Growth Trust news, insider Seema Paterson bought 10,000 shares of the business’s stock in a transaction dated Tuesday, June 30th. The shares were purchased at an average price of GBX 213 per share, with a total value of £21,300. 0.52% of the stock is owned by company insiders.

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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