Baillie Gifford Shin Nippon (LON:BGS) Shares Pass Above 50 Day Moving Average – Time to Sell?

Baillie Gifford Shin Nippon PLC (LON:BGSGet Free Report) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 113.76 ($1.42) and traded as high as GBX 117.40 ($1.47). Baillie Gifford Shin Nippon shares last traded at GBX 115.60 ($1.44), with a volume of 371,598 shares trading hands.

Baillie Gifford Shin Nippon Price Performance

The stock has a market cap of £336.39 million, a price-to-earnings ratio of -577.11 and a beta of 0.60. The company has a debt-to-equity ratio of 20.31, a current ratio of 0.13 and a quick ratio of 3.66. The stock’s 50 day simple moving average is GBX 113.76 and its two-hundred day simple moving average is GBX 113.81.

About Baillie Gifford Shin Nippon

(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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