Baillie Gifford Shin Nippon (LON:BGS) Hits New 52-Week High – Here’s What Happened

Baillie Gifford Shin Nippon PLC (LON:BGS) shares reached a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 165.80 and last traded at GBX 165, with a volume of 289622 shares traded. The stock had previously closed at GBX 161.60.

Baillie Gifford Shin Nippon Stock Performance

The stock has a market cap of £329.55 million, a PE ratio of 33.07 and a beta of 0.92. The company has a quick ratio of 3.66, a current ratio of 0.27 and a debt-to-equity ratio of 19.54. The firm has a 50 day moving average price of GBX 152.63 and a 200 day moving average price of GBX 142.55.

Baillie Gifford Shin Nippon (LON:BGS) last released its quarterly earnings data on Tuesday, March 31st. The company reported GBX 0.77 earnings per share for the quarter. Baillie Gifford Shin Nippon had a net margin of 101.98% and a return on equity of 3.55%. The company had revenue of GBX 705 million during the quarter.

Insider Buying and Selling at Baillie Gifford Shin Nippon

In other Baillie Gifford Shin Nippon news, insider Abigail Rotheroe acquired 7,438 shares of the company’s stock in a transaction dated Wednesday, May 27th. The shares were purchased at an average cost of GBX 160 per share, for a total transaction of £11,900.80. Insiders own 0.20% of the company’s stock.

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.