Baillie Gifford UK Growth Trust (LON:BGUK) Hits New 1-Year High – Time to Buy?

Baillie Gifford UK Growth Trust plc (LON:BGUK) shares reached a new 52-week high on Tuesday . The company traded as high as GBX 192 ($2.39) and last traded at GBX 191 ($2.38), with a volume of 476307 shares traded. The stock had previously closed at GBX 182 ($2.26).

Baillie Gifford UK Growth Trust Trading Up 4.9 %

The firm has a market cap of £276.82 million, a price-to-earnings ratio of 16,950.00 and a beta of 1.04. The business has a fifty day moving average of GBX 178.70 and a two-hundred day moving average of GBX 177.04. The company has a debt-to-equity ratio of 6.21, a quick ratio of 0.48 and a current ratio of 0.24.

Insider Buying and Selling at Baillie Gifford UK Growth Trust

In other Baillie Gifford UK Growth Trust news, insider Ruary Neill purchased 8,368 shares of the stock in a transaction dated Monday, December 2nd. The shares were acquired at an average cost of GBX 179 ($2.23) per share, for a total transaction of £14,978.72 ($18,637.20). 3.18% of the stock is owned by corporate 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.