The Baillie Gifford Japan Trust (LON:BGFD) Sets New 1-Year High – Here’s What Happened

The Baillie Gifford Japan Trust PLC (LON:BGFD) reached a new 52-week high during trading on Monday . The stock traded as high as GBX 1,092 and last traded at GBX 1,090, with a volume of 26121 shares trading hands. The stock had previously closed at GBX 1,074.09.

The Baillie Gifford Japan Trust Trading Up 0.9%

The stock has a market cap of £711.46 million, a price-to-earnings ratio of 5.74 and a beta of 0.99. The business has a 50-day simple moving average of GBX 1,031.82 and a two-hundred day simple moving average of GBX 959.42. The company has a debt-to-equity ratio of 7.29, a quick ratio of 0.14 and a current ratio of 0.14.

The Baillie Gifford Japan Trust Company Profile

The Trust aims to pursue long-term capital growth principally through investment in medium to smaller sized Japanese companies which are believed to have above average prospects for growth. We invest in a spread of 40–70 companies, predominantly medium and smaller sized, that we believe offer good growth opportunities.

Growth may come from innovative business models, disrupting traditional Japanese practices or market opportunities, such as growth from overseas.

We aim to take a three to five year view and the Trust is managed by looking at the underlying investments rather than the benchmark which is TOPIX total return.