Baillie Gifford UK Growth Trust (LON:BGUK) Reaches New 12-Month High – Should You Buy?

Baillie Gifford UK Growth Trust plc (LON:BGUK)’s share price reached a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 213 and last traded at GBX 213, with a volume of 386411 shares. The stock had previously closed at GBX 208.

Baillie Gifford UK Growth Trust Trading Up 2.4%

The stock’s 50-day moving average price is GBX 199.44 and its 200-day moving average price is GBX 201.87. The company has a market capitalization of £230.73 million, a P/E ratio of 7.52 and a beta of 1.37.

Insider Buying and Selling at Baillie Gifford UK Growth Trust

In other news, insider Cathy Pitt acquired 5,014 shares of the company’s stock in a transaction that occurred on Thursday, March 5th. The shares were acquired at an average price of GBX 198 per share, with a total value of £9,927.72. 0.44% of the stock is currently owned by company 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.