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

Baillie Gifford Shin Nippon (LON:BGS) released its quarterly earnings results on Thursday. The company reported GBX 0.53 EPS for the quarter, Digital Look Earnings reports. Baillie Gifford Shin Nippon had a net margin of 251.87% and a return on equity of 21.47%.

Baillie Gifford Shin Nippon Stock Performance

Shares of LON:BGS traded down GBX 2.20 during trading hours on Friday, hitting GBX 171.20. The stock had a trading volume of 1,193,501 shares, compared to its average volume of 889,278. The stock’s fifty day simple moving average is GBX 167.24 and its 200 day simple moving average is GBX 156.80. The firm has a market capitalization of £328.93 million, a price-to-earnings ratio of 34.31 and a beta of 0.83. The company has a debt-to-equity ratio of 14.84, a quick ratio of 3.66 and a current ratio of 0.16. Baillie Gifford Shin Nippon has a 1-year low of GBX 123.05 and a 1-year high of GBX 176.

Baillie Gifford Shin Nippon Company Profile

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.