Baillie Gifford Shin Nippon (LON:BGS) Sets New 52-Week High - What's Next?

Key Points

• Baillie Gifford Shin Nippon PLC reached a new 52-week high, trading at GBX 133.20 ($1.77) during mid-day on Tuesday, with a trading volume of 1,096,777 shares.
• The company's market capitalization stands at £368.50 million with a PE ratio of -6.68 and a notable debt-to-equity ratio of 20.31.
• Baillie Gifford Shin Nippon focuses on long-term capital growth by investing mainly in small Japanese companies that are perceived to have above-average growth potential.

Baillie Gifford Shin Nippon PLC (LON:BGS - Get Free Report)'s share price hit a new 52-week high on Tuesday . The company traded as high as GBX 133.20 ($1.79) and last traded at GBX 132 ($1.78), with a volume of 1096777 shares changing hands. The stock had previously closed at GBX 131.80 ($1.77).

Baillie Gifford Shin Nippon Stock Up 0.3%

The stock has a market cap of £369.06 million, a price-to-earnings ratio of -6.69 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 stock has a fifty day moving average of GBX 123.85 and a two-hundred day moving average of GBX 116.94.

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.