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

Baillie Gifford Shin Nippon (LON:BGS) posted 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 positive return on equity of 1.97% and a negative net margin of 264.53%.The business had revenue of GBX 705 million during the quarter.

Baillie Gifford Shin Nippon Price Performance

LON:BGS traded down GBX 1.72 during trading hours on Thursday, hitting GBX 137.68. The stock had a trading volume of 675,298 shares, compared to its average volume of 1,242,563. The company has a 50 day simple moving average of GBX 141.51 and a two-hundred day simple moving average of GBX 134.77. The company has a debt-to-equity ratio of 20.26, a current ratio of 13.67 and a quick ratio of 3.66. Baillie Gifford Shin Nippon has a one year low of GBX 91.41 and a one year high of GBX 156.95. The firm has a market capitalization of £337.32 million, a price-to-earnings ratio of 54.20 and a beta of 0.80.

About Baillie Gifford Shin Nippon

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.