Baillie Gifford Shin Nippon (LON:BGS) Shares Pass Below 200-Day Moving Average – Time to Sell?

Baillie Gifford Shin Nippon PLC (LON:BGSGet Free Report)’s stock price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 113.68 ($1.38) and traded as low as GBX 111.20 ($1.35). Baillie Gifford Shin Nippon shares last traded at GBX 114 ($1.39), with a volume of 3,543,269 shares traded.

Baillie Gifford Shin Nippon Stock Performance

The company has a quick ratio of 3.66, a current ratio of 0.13 and a debt-to-equity ratio of 20.31. The firm has a 50-day moving average price of GBX 112.38 and a 200 day moving average price of GBX 113.69. The firm has a market capitalization of £332.24 million, a PE ratio of -570.00 and a beta of 0.60.

Baillie Gifford Shin Nippon Company Profile

(Get Free Report)

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.

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