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

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 124.80 ($1.70) and last traded at GBX 124.80 ($1.70), with a volume of 1286707 shares trading hands. The stock had previously closed at GBX 124 ($1.69).

Baillie Gifford Shin Nippon Price Performance

The stock has a market cap of £346.73 million, a P/E ratio of -6.28 and a beta of 0.60. The company has a debt-to-equity ratio of 20.31, a quick ratio of 3.66 and a current ratio of 0.13. The business has a 50 day simple moving average of GBX 117.46 and a 200-day simple moving average of GBX 114.51.

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 (EPS) for the quarter. Baillie Gifford Shin Nippon had a negative return on equity of 13.81% and a net margin of 101.98%.

Insider Transactions at Baillie Gifford Shin Nippon

In other Baillie Gifford Shin Nippon news, insider Kevin Troup acquired 10,000 shares of Baillie Gifford Shin Nippon stock in a transaction on Monday, April 7th. The stock was purchased at an average price of GBX 95 ($1.30) per share, for a total transaction of £9,500 ($12,962.20). 0.94% of the stock is owned by company insiders.

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.