Baillie Gifford US Growth (LON:USA) Reaches New 12-Month High – Here’s Why

Baillie Gifford US Growth (LON:USA)’s share price reached a new 52-week high during mid-day trading on Friday. The company traded as high as GBX 387 and last traded at GBX 382.59, with a volume of 8080088 shares trading hands. The stock had previously closed at GBX 382.

Baillie Gifford US Growth Price Performance

The company’s 50-day simple moving average is GBX 342.39 and its 200 day simple moving average is GBX 328.17. The firm has a market cap of £1.06 billion, a P/E ratio of 19.38 and a beta of 0.62.

Baillie Gifford US Growth (LON:USA) last issued its quarterly earnings data on Friday, September 18th. The company reported GBX (2.58) earnings per share for the quarter. Baillie Gifford US Growth had a return on equity of 25.27% and a net margin of 96.49%.

About Baillie Gifford US Growth

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.