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Baillie Gifford European Growth Trust (LON:BGEU) Reaches New 52-Week High - Here's Why

Baillie Gifford European Growth Trust logo with Financial Services background

Baillie Gifford European Growth Trust plc (LON:BGEU - Get Free Report)'s share price reached a new 52-week high on Friday . The stock traded as high as GBX 107 ($1.44) and last traded at GBX 106.50 ($1.43), with a volume of 697373 shares changing hands. The stock had previously closed at GBX 106 ($1.42).

Baillie Gifford European Growth Trust Trading Up 0.5%

The stock has a market cap of £368.20 million, a PE ratio of 8.07 and a beta of 1.06. The business has a fifty day simple moving average of GBX 100.26 and a two-hundred day simple moving average of GBX 95.68.

Baillie Gifford European Growth Trust (LON:BGEU - Get Free Report) last released its quarterly earnings results on Thursday, May 15th. The company reported GBX 0.15 ($0.00) earnings per share for the quarter. Baillie Gifford European Growth Trust had a return on equity of 12.17% and a net margin of 96.85%.

Baillie Gifford European Growth Trust Company Profile

(Get Free Report)

The European Investment Trust plc is a closed ended equity mutual fund launched and managed by Edinburgh Partners AIFM Limited. The fund is co-managed by Edinburgh Partners Limited. It invests in public equity markets of Europe, excluding the United Kingdom. The fund seeks to invest in stocks of companies operating across diversified sectors.

Further Reading

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