Baillie Gifford Shin Nippon (LON:BGS) Hits New 52-Week High – Here’s What Happened

Baillie Gifford Shin Nippon PLC (LON:BGS) reached a new 52-week high during trading on Thursday . The company traded as high as GBX 165.80 and last traded at GBX 165, with a volume of 289622 shares. The stock had previously closed at GBX 161.60.

Baillie Gifford Shin Nippon Stock Up 2.1%

The company’s 50 day moving average is GBX 152.63 and its 200 day moving average is GBX 142.55. The company has a market cap of £329.55 million, a PE ratio of 33.07 and a beta of 0.92. The company has a current ratio of 0.27, a quick ratio of 3.66 and a debt-to-equity ratio of 19.54.

Baillie Gifford Shin Nippon (LON:BGS) last issued its earnings results on Tuesday, March 31st. The company reported GBX 0.77 EPS for the quarter. Baillie Gifford Shin Nippon had a net margin of 101.98% and a return on equity of 3.55%. The business had revenue of GBX 705 million for the quarter.

Insider Transactions at Baillie Gifford Shin Nippon

In other news, insider Abigail Rotheroe acquired 7,438 shares of the company’s stock in a transaction that occurred on Wednesday, May 27th. The shares were bought at an average price of GBX 160 per share, with a total value of £11,900.80. 0.20% of the stock is currently owned by company insiders.

Baillie Gifford Shin Nippon Company Profile

The Trust aims to achieve long-term capital growth principally through investment in small Japanese companies which are believed to have above-average prospects for capital growth. We invest in 40–80 attractively valued smaller companies that we believe offer good growth opportunities. The Trust is actively managed and will primarily consist of listed companies although up to 10% of total assets can be invested, at the time of initial investment, in unlisted investments, including private companies.