Baillie Gifford Shin Nippon (LON:BGS) Reaches New 1-Year High - Still a Buy?

Baillie Gifford Shin Nippon PLC (LON:BGS - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 125 ($1.70) and last traded at GBX 124.40 ($1.69), with a volume of 365403 shares changing hands. The stock had previously closed at GBX 124.40 ($1.69).

Baillie Gifford Shin Nippon Stock Performance

The company has a market cap of £347.29 million, a PE ratio of -6.29 and a beta of 0.60. The company has a current ratio of 0.13, a quick ratio of 3.66 and a debt-to-equity ratio of 20.31. The business has a fifty day moving average of GBX 117.95 and a 200-day moving average of GBX 114.71.

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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