Baillie Gifford UK Growth Trust (LON:BGUK) Sets New 12-Month High – Here’s What Happened

Shares of Baillie Gifford UK Growth Trust plc (LON:BGUK) reached a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 223 and last traded at GBX 213, with a volume of 129426 shares trading hands. The stock had previously closed at GBX 214.

Baillie Gifford UK Growth Trust Trading Down 0.5%

The company has a debt-to-equity ratio of 9.92, a current ratio of 0.16 and a quick ratio of 0.48. The firm’s 50 day moving average price is GBX 209.78 and its 200 day moving average price is GBX 204. The stock has a market capitalization of £227.22 million, a P/E ratio of 7.31 and a beta of 0.95.

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

Insiders Place Their Bets

In other Baillie Gifford UK Growth Trust news, insider Seema Paterson acquired 10,000 shares of the business’s stock in a transaction dated Tuesday, June 30th. The shares were purchased at an average cost of GBX 213 per share, for a total transaction of £21,300. Company insiders own 0.47% of the company’s stock.

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. 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.