Baillie Gifford Shin Nippon (LON:BGS) Posts Earnings Results

Baillie Gifford Shin Nippon (LON:BGS) announced its earnings results on Thursday. The company reported GBX 0.53 earnings per share for the quarter, Digital Look Earnings reports. Baillie Gifford Shin Nippon had a return on equity of 3.55% and a net margin of 101.98%.

Baillie Gifford Shin Nippon Price Performance

Baillie Gifford Shin Nippon stock traded up GBX 1.20 during trading on Thursday, reaching GBX 173.40. The company had a trading volume of 363,707 shares, compared to its average volume of 887,765. The firm has a market capitalization of £333.15 million, a PE ratio of 34.75 and a beta of 0.83. The firm’s 50-day simple moving average is GBX 167.03 and its 200 day simple moving average is GBX 156.66. The company has a debt-to-equity ratio of 19.54, a quick ratio of 3.66 and a current ratio of 0.27. Baillie Gifford Shin Nippon has a 1-year low of GBX 123.05 and a 1-year high of GBX 176.

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.