Baillie Gifford Shin Nippon (LON:BGS) Hits New 12-Month High - Should You Buy?

Baillie Gifford Shin Nippon PLC (LON:BGS - Get Free Report)'s share price hit a new 52-week high on Wednesday . The stock 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 Up 1.0%

The firm has a 50 day moving average price of GBX 118.44 and a two-hundred day moving average price of GBX 114.88. 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 company has a market capitalization of £350.64 million, a price-to-earnings ratio of -6.35 and a beta of 0.60.

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.