Baillie Gifford UK Growth Trust (LON:BGUK) Reaches New 52-Week High – Time to Buy?

Shares of Baillie Gifford UK Growth Trust plc (LON:BGUK) reached a new 52-week high during trading on Monday . The stock traded as high as GBX 223 and last traded at GBX 220, with a volume of 24376 shares changing hands. The stock had previously closed at GBX 220.

Baillie Gifford UK Growth Trust Stock Performance

The firm’s 50-day simple moving average is GBX 212.51 and its 200 day simple moving average is GBX 205.17. The company has a debt-to-equity ratio of 9.92, a current ratio of 0.17 and a quick ratio of 0.48. The firm has a market capitalization of £234.69 million, a price-to-earnings ratio of 7.55 and a beta of 0.95.

Baillie Gifford UK Growth Trust (LON:BGUK) last issued its earnings results on Friday, June 26th. The company reported GBX 6.23 earnings per share for the quarter. Baillie Gifford UK Growth Trust had a return on equity of 13.49% and a net margin of 91.43%.The firm had revenue of GBX 889 million for the quarter.

Insider Buying and Selling

In related news, insider Seema Paterson purchased 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 30th. The stock was acquired at an average price of GBX 213 per share, for a total transaction of £21,300. 0.47% of the stock is currently owned by insiders.

Baillie Gifford UK Growth Trust Company Profile

The Trust aims to achieve capital growth predominantly from investment in UK listed equities, with the aim of providing a total return in excess of the FTSE All-Share Index. Investments are made with a five year investment horizon and the portfolio is relatively concentrated with between 35 – 65 companies. 10% of the total asset value of the Trust can be invested, at the time of initial investment, in private companies. Sector and industry weightings are a consequence of the index agnostic approach to stock selection.