Baillie Gifford Shin Nippon (LON:BGS) Sets New 12-Month High – Should You Buy?

Baillie Gifford Shin Nippon PLC (LON:BGS) reached a new 52-week high during trading on Friday . The stock traded as high as GBX 175 and last traded at GBX 172.20, with a volume of 989786 shares traded. The stock had previously closed at GBX 172.80.

Baillie Gifford Shin Nippon Price Performance

The company has a market cap of £338.41 million, a PE ratio of 34.51 and a beta of 0.83. The company has a debt-to-equity ratio of 19.54, a current ratio of 0.27 and a quick ratio of 3.66. The stock’s 50-day moving average is GBX 162.73 and its 200 day moving average is GBX 151.91.

Insider Activity

In other Baillie Gifford Shin Nippon news, insider Abigail Rotheroe acquired 7,438 shares of the firm’s stock in a transaction dated Wednesday, May 27th. The stock was purchased at an average price of GBX 160 per share, for a total transaction of £11,900.80. Insiders own 0.20% of the company’s stock.

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.