Baillie Gifford European Growth Trust (LON:BGEU) Trading Down 1.4% - Time to Sell?

Key Points

• Baillie Gifford European Growth Trust shares declined by 1.4%, trading at GBX 104 ($1.40), with a significant trading volume increase of 513% compared to the average.
• The trust has a market cap of £342.26 million and a notable P/E ratio of -685.56, indicating potential challenges in profitability.
• It is a closed-ended equity mutual fund managed by Edinburgh Partners AIFM Limited, focusing on investments in diversified sectors within European public equity markets, excluding the UK.

Shares of Baillie Gifford European Growth Trust plc (LON:BGEU - ) fell 1.4% on Wednesday . The company traded as low as GBX 104 ($1.40) and last traded at GBX 104 ($1.40). 3,640,275 shares were traded during mid-day trading, an increase of 513% from the average session volume of 593,446 shares. The stock had previously closed at GBX 105.50 ($1.42).

Baillie Gifford European Growth Trust Stock Down 1.4%

The business has a fifty day simple moving average of GBX 102.76 and a two-hundred day simple moving average of GBX 98.76. The company has a market cap of £342.26 million, a P/E ratio of -685.56 and a beta of 1.06.

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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