Baillie Gifford European Growth Trust (LON:BGEU) Stock Price Down 0.5% - Should You Sell?

Key Points

• Baillie Gifford European Growth Trust (LON:BGEU) shares decreased by 0.5% to GBX 106 ($1.42) following a trading volume lower than the average.
• The investment trust has a market capitalization of £344.06 million and a notably high P/E ratio of -698.75.
• Managed by Edinburgh Partners AIFM Limited, the fund invests in European public equity markets, excluding the UK.

Baillie Gifford European Growth Trust plc (LON:BGEU - )'s share price traded down 0.5% on Friday . The stock traded as low as GBX 104 ($1.40) and last traded at GBX 106 ($1.42). 569,730 shares changed hands during trading, a decline of 6% from the average session volume of 608,236 shares. The stock had previously closed at GBX 106.50 ($1.43).

Baillie Gifford European Growth Trust Price Performance

The stock has a market capitalization of £344.06 million, a P/E ratio of -698.75 and a beta of 1.06. The company's 50 day simple moving average is GBX 103.09 and its two-hundred day simple moving average is GBX 99.93.

Baillie Gifford European Growth Trust Company Profile

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.

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