Baillie Gifford US Growth (LON:USA) Stock Price Down 0.6% – Here’s Why

Shares of Baillie Gifford US Growth (LON:USA) traded down 0.6% on Tuesday . The stock traded as low as GBX 322 and last traded at GBX 327.50. Approximately 1,530,839 shares changed hands during mid-day trading, an increase of 61% from the average session volume of 949,546 shares. The stock had previously closed at GBX 329.50.

Baillie Gifford US Growth Trading Down 0.6%

The stock’s 50-day moving average is GBX 336.75 and its 200-day moving average is GBX 306.52. The stock has a market cap of £906.27 million, a P/E ratio of 16.53 and a beta of 0.69.

Baillie Gifford US Growth Company Profile

The Trust aims to produce long-term capital growth by investing predominantly in equities of companies which are incorporated, domiciled or conducting a significant portion of their business in the United States of America. The maximum amount which may be invested directly in private companies shall not exceed 50% of the total assets of the Company, measured at the time of investment. We are bottom-up, growth investors with a long-term horizon. The portfolio consists of direct holdings in listed securities and private companies in up to a combined maximum of 90 companies or funds, typically with 30 or more listed security holdings.