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

Baillie Gifford Shin Nippon (LON:BGS) posted its earnings results on Thursday. The company reported GBX 0.53 EPS 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 Stock Performance

Shares of BGS traded up GBX 1.20 during midday trading on Thursday, reaching GBX 173.40. 363,707 shares of the stock were exchanged, compared to its average volume of 887,765. The stock’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 market cap of £333.15 million, a P/E ratio of 34.75 and a beta of 0.83. Baillie Gifford Shin Nippon has a twelve month low of GBX 123.05 and a twelve month high of GBX 176. The company has a quick ratio of 3.66, a current ratio of 0.27 and a debt-to-equity ratio of 19.54.

Baillie Gifford Shin Nippon Company Profile

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.