Baillie Gifford European Growth Trust (LON:BGEU) Sets New 1-Year High – What’s Next?

Shares of Baillie Gifford European Growth Trust plc (LON:BGEU) reached a new 52-week high on Thursday . The stock traded as high as GBX 116.50 and last traded at GBX 115.50, with a volume of 2189549 shares trading hands. The stock had previously closed at GBX 110.50.

Baillie Gifford European Growth Trust Stock Down 0.4%

The company has a market capitalization of £335.03 million, a price-to-earnings ratio of 84.56 and a beta of 1.38. The stock’s fifty day simple moving average is GBX 103.98 and its two-hundred day simple moving average is GBX 103.59. The company has a debt-to-equity ratio of 18.22, a current ratio of 1.03 and a quick ratio of 4.20.

Baillie Gifford European Growth Trust Company Profile

The European Investment Trust plc is a closed ended equity mutual fund launched and managed by Edinburgh Partners AIFM Limited. The fund is co-managed by Edinburgh Partners Limited. It invests in public equity markets of Europe, excluding the United Kingdom. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in value stocks of companies. The fund employs fundamental analysis with a bottom-up stock selection approach, focusing on companies which seek to benefit from restructuring, cost cutting, and other profitability improvements to create its portfolio.