Baillie Gifford Shin Nippon (LON:BGS) Sets New 12-Month High - Here's What Happened

Baillie Gifford Shin Nippon PLC (LON:BGS - Get Free Report) hit a new 52-week high during trading on Tuesday . The stock traded as high as GBX 121.40 ($1.64) and last traded at GBX 121.40 ($1.64), with a volume of 786975 shares. The stock had previously closed at GBX 120.40 ($1.63).

Baillie Gifford Shin Nippon Price Performance

The business's 50-day moving average price is GBX 111.62 and its 200 day moving average price is GBX 113.44. The company has a market capitalization of £338.35 million, a P/E ratio of -6.13 and a beta of 0.60. The company has a quick ratio of 3.66, a current ratio of 0.13 and a debt-to-equity ratio of 20.31.

Baillie Gifford Shin Nippon (LON:BGS - Get Free Report) last announced its quarterly earnings data on Thursday, April 3rd. The company reported GBX 0.67 ($0.01) earnings per share for the quarter. Baillie Gifford Shin Nippon had a negative return on equity of 13.81% and a net margin of 101.98%.

Baillie Gifford Shin Nippon Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, May 29th. Stockholders of record on Thursday, April 17th were paid a dividend of GBX 0.60 ($0.01) per share. This represents a dividend yield of 0.57%. The ex-dividend date was Thursday, April 17th. Baillie Gifford Shin Nippon's dividend payout ratio (DPR) is -5.06%.

Insiders Place Their Bets

In other Baillie Gifford Shin Nippon news, insider Kevin Troup bought 20,000 shares of the stock in a transaction dated Friday, April 4th. The stock was purchased at an average cost of GBX 99 ($1.34) per share, for a total transaction of £19,800 ($26,731.47). Company insiders own 0.94% of the company's stock.

Baillie Gifford Shin Nippon Company Profile

The Trust aims to achieve long-term capital growth principally through investment in small Japanese companies which are believed to have above-average prospects for capital growth. We invest in 40–80 attractively valued smaller companies that we believe offer good growth opportunities. The Trust is actively managed and will primarily consist of listed companies although up to 10% of total assets can be invested, at the time of initial investment, in unlisted investments, including private companies.