Baillie Gifford UK Growth Trust (LON:BGUK) Sets New 1-Year High – Here’s What Happened

Shares of Baillie Gifford UK Growth Trust plc (LON:BGUK) reached a new 52-week high on Thursday . The stock traded as high as GBX 211 and last traded at GBX 210, with a volume of 151256 shares traded. The stock had previously closed at GBX 208.

Baillie Gifford UK Growth Trust Price Performance

The company has a debt-to-equity ratio of 8.46, a current ratio of 0.29 and a quick ratio of 0.48. The company’s 50 day simple moving average is GBX 203.23 and its 200 day simple moving average is GBX 202.69. The company has a market capitalization of £242.44 million, a PE ratio of 7.41 and a beta of 1.04.

Insider Buying and Selling

In related news, insider Neil Rogan purchased 45,354 shares of Baillie Gifford UK Growth Trust stock in a transaction that occurred on Tuesday, December 2nd. The stock was purchased at an average cost of GBX 204 per share, with a total value of £92,522.16. 0.42% of the stock is owned by corporate insiders.

Baillie Gifford UK Growth Trust Company Profile

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.