Baillie Gifford European Growth Trust (LON:BGEU) Stock Price Down 1% - What's Next?

Key Points

• Baillie Gifford European Growth Trust shares are down 1%, closing at GBX 101 ($1.36), with a trading volume decrease of 51% from the average session.
• The trust reported a net margin of 96.85% and a return on equity of 12.17% in its latest earnings results.
• With a market cap of £349.19 million, the trust's current P/E ratio is 7.65, reflecting its evaluation in the market.

Baillie Gifford European Growth Trust plc (LON:BGEU - Get Free Report)'s share price traded down 1% during trading on Monday . The stock traded as low as GBX 100 ($1.34) and last traded at GBX 101 ($1.36). 283,884 shares changed hands during mid-day trading, a decline of 51% from the average session volume of 575,881 shares. The stock had previously closed at GBX 102 ($1.37).

Baillie Gifford European Growth Trust Trading Down 1.0%

The business's fifty day simple moving average is GBX 102.63 and its 200-day simple moving average is GBX 97.81. The firm has a market cap of £349.19 million, a P/E ratio of 7.65 and a beta of 1.06.

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

About Baillie Gifford European Growth Trust

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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