Baillie Gifford Shin Nippon (LON:BGS) Issues Quarterly Earnings Results

Baillie Gifford Shin Nippon (LON:BGS) released its earnings results on Tuesday. The company reported GBX 0.77 earnings per share for the quarter, Digital Look Earnings reports. Baillie Gifford Shin Nippon had a negative net margin of 264.53% and a positive return on equity of 1.97%. The business had revenue of GBX 705 million during the quarter.

Baillie Gifford Shin Nippon Stock Down 1.2%

Shares of Baillie Gifford Shin Nippon stock traded down GBX 1.72 during trading hours on Thursday, reaching GBX 137.68. 675,298 shares of the company’s stock were exchanged, compared to its average volume of 1,242,563. The company has a 50 day moving average of GBX 141.51 and a two-hundred day moving average of GBX 134.77. Baillie Gifford Shin Nippon has a fifty-two week low of GBX 91.41 and a fifty-two week high of GBX 156.95. The company has a current ratio of 13.67, a quick ratio of 3.66 and a debt-to-equity ratio of 20.26. The stock has a market cap of £337.32 million, a P/E ratio of 54.20 and a beta of 0.80.

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.