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Baillie Gifford European Growth Trust (LON:BGEU) Stock Price Down 1% - Here's Why

Baillie Gifford European Growth Trust logo with Financial Services background
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Key Points

  • Shares fell ~1% midday to GBX 101.50 (from GBX 102.50) on volume of ~744,534 shares, about a 29% increase versus the average daily volume.
  • The trust has a market capitalization of £306.29m and a P/E of 21.10, and its stock is trading below both the 50‑day (GBX 107) and 200‑day (GBX 105.63) simple moving averages.
  • Investment focus: a closed‑ended fund that invests in European (ex‑UK) equities using a value, bottom‑up approach; most recent quarterly EPS was GBX 0.78 with a net margin of 74.19% and ROE of 4.82%.
  • Interested in Baillie Gifford European Growth Trust? Here are five stocks we like better.

Baillie Gifford European Growth Trust plc (LON:BGEU - Get Free Report)'s stock price was down 1% during mid-day trading on Thursday . The company traded as low as GBX 100.50 and last traded at GBX 101.50. Approximately 744,534 shares traded hands during mid-day trading, an increase of 29% from the average daily volume of 577,823 shares. The stock had previously closed at GBX 102.50.

Baillie Gifford European Growth Trust Price Performance

The stock has a market capitalization of £306.29 million, a P/E ratio of 21.10 and a beta of 1.39. The company has a current ratio of 1.63, a quick ratio of 4.20 and a debt-to-equity ratio of 14.77. The stock's 50 day simple moving average is GBX 107 and its 200 day simple moving average is GBX 105.63.

Baillie Gifford European Growth Trust (LON:BGEU - Get Free Report) last issued its earnings results on Tuesday, December 9th. The company reported GBX 0.78 earnings per share (EPS) for the quarter. Baillie Gifford European Growth Trust had a net margin of 74.19% and a return on equity of 4.82%.

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. It primarily invests in value stocks of companies. The fund employs fundamental analysis with a bottom-up stock selection approach, focusing on companies which seek to benefit from restructuring, cost cutting, and other profitability improvements to create its portfolio.

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