The Baillie Gifford Japan Trust (LON:BGFD) Sets New 12-Month High – What’s Next?

Shares of The Baillie Gifford Japan Trust PLC (LON:BGFD) reached a new 52-week high during trading on Wednesday . The stock traded as high as GBX 1,026 and last traded at GBX 1,010, with a volume of 14338 shares traded. The stock had previously closed at GBX 1,016.

The Baillie Gifford Japan Trust Trading Down 0.7%

The company has a quick ratio of 0.14, a current ratio of 0.14 and a debt-to-equity ratio of 7.29. The company’s fifty day moving average price is GBX 977.24 and its two-hundred day moving average price is GBX 925.26. The firm has a market cap of £669.69 million, a PE ratio of 5.34 and a beta of 0.99.

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.