Baillie Gifford Shin Nippon (LON:BGS) Hits New 1-Year High - Here's Why

Key Points

• Baillie Gifford Shin Nippon PLC shares hit a new 52-week high of GBX 134.80 ($1.83) during trading, closing slightly lower at GBX 133.80 ($1.82) with a trading volume of 302,154 shares.
• The company, which focuses on investing in small Japanese firms with strong growth potential, has a current market cap of £373.53 million and a P/E ratio of -6.77.
• Baillie Gifford Shin Nippon primarily invests in 40–80 attractively valued smaller companies, with the option to allocate up to 10% of total assets into unlisted investments like private companies.

Baillie Gifford Shin Nippon PLC (LON:BGS - ) shares reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 134.80 ($1.83) and last traded at GBX 133.80 ($1.82), with a volume of 302154 shares traded. The stock had previously closed at GBX 133.60 ($1.81).

Baillie Gifford Shin Nippon Stock Up 0.1%

The firm has a market cap of £373.53 million, a P/E ratio of -6.77 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. The firm has a fifty day moving average of GBX 124.78 and a 200-day moving average of GBX 117.29.

About Baillie Gifford Shin Nippon

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.

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