Baillie Gifford Shin Nippon (LON:BGS) Sets New 1-Year High – Still a Buy?

Baillie Gifford Shin Nippon PLC (LON:BGS) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 165.80 and last traded at GBX 165, with a volume of 289622 shares changing hands. The stock had previously closed at GBX 161.60.

Baillie Gifford Shin Nippon Stock Down 1.1%

The company has a debt-to-equity ratio of 19.54, a quick ratio of 3.66 and a current ratio of 0.27. The stock has a market capitalization of £325.95 million, a P/E ratio of 32.71 and a beta of 0.92. The stock’s fifty day simple moving average is GBX 153.60 and its two-hundred day simple moving average is GBX 142.95.

Baillie Gifford Shin Nippon (LON:BGS) last announced its quarterly earnings results on Tuesday, March 31st. The company reported GBX 0.77 earnings per share (EPS) for the quarter. The firm had revenue of GBX 705 million during the quarter. Baillie Gifford Shin Nippon had a net margin of 101.98% and a return on equity of 3.55%.

Insider Buying and Selling at Baillie Gifford Shin Nippon

In other Baillie Gifford Shin Nippon news, insider Abigail Rotheroe acquired 7,438 shares of Baillie Gifford Shin Nippon stock in a transaction that occurred on Wednesday, May 27th. The shares were bought at an average price of GBX 160 per share, with a total value of £11,900.80. 0.20% of the stock is currently owned by corporate insiders.

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.