Baillie Gifford UK Growth Trust (LON:BGUK) Trading Down 1.7% – Should You Sell?

Baillie Gifford UK Growth Trust plc (LON:BGUK) dropped 1.7% during mid-day trading on Monday . The stock traded as low as GBX 223.33 and last traded at GBX 224.12. Approximately 101,783 shares changed hands during trading, a decline of 54% from the average session volume of 223,605 shares. The stock had previously closed at GBX 228.

Baillie Gifford UK Growth Trust Trading Down 1.7%

The company has a debt-to-equity ratio of 9.92, a current ratio of 0.17 and a quick ratio of 0.48. The stock’s 50 day moving average is GBX 218.82 and its 200-day moving average is GBX 207.86. The company has a market capitalization of £238.39 million, a P/E ratio of 7.70 and a beta of 1.37.

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

Insider Buying and Selling at Baillie Gifford UK Growth Trust

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

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.