Baillie Gifford US Growth (LON:USA) Reaches New 12-Month High – Here’s Why

Shares of Baillie Gifford US Growth (LON:USAGet Free Report) hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 369 and last traded at GBX 355, with a volume of 995514 shares traded. The stock had previously closed at GBX 346.

Baillie Gifford US Growth Price Performance

The company has a market cap of £982.37 million, a price-to-earnings ratio of 17.92 and a beta of 0.67. The firm’s 50 day simple moving average is GBX 314.28 and its 200-day simple moving average is GBX 294.45.

About Baillie Gifford US Growth

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The Trust aims to produce long-term capital growth by investing predominantly in equities of companies which are incorporated, domiciled or conducting a significant portion of their business in the United States of America. The maximum amount which may be invested directly in private companies shall not exceed 50% of the total assets of the Company, measured at the time of investment. We are bottom-up, growth investors with a long-term horizon. The portfolio consists of direct holdings in listed securities and private companies in up to a combined maximum of 90 companies or funds, typically with 30 or more listed security holdings.

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