Baillie Gifford Shin Nippon (LON:BGS) Shares Pass Above 50 Day Moving Average - Time to Sell?

Shares of Baillie Gifford Shin Nippon PLC (LON:BGS - Get Free Report) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 110.21 ($1.48) and traded as high as GBX 114 ($1.53). Baillie Gifford Shin Nippon shares last traded at GBX 113.32 ($1.52), with a volume of 1,078,309 shares traded.

Baillie Gifford Shin Nippon Stock Up 1.7%

The company has a debt-to-equity ratio of 20.31, a current ratio of 0.13 and a quick ratio of 3.66. The business's fifty day moving average price is GBX 110.44 and its two-hundred day moving average price is GBX 113.02. The stock has a market capitalization of £331.09 million, a PE ratio of -6.00 and a beta of 0.60.

Baillie Gifford Shin Nippon (LON:BGS - Get Free Report) last issued its quarterly earnings results on Thursday, April 3rd. The company reported GBX 0.67 ($0.01) EPS for the quarter. Baillie Gifford Shin Nippon had a net margin of 101.98% and a negative return on equity of 13.81%.

Baillie Gifford Shin Nippon Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, May 29th. Investors of record on Thursday, April 17th were paid a dividend of GBX 0.60 ($0.01) per share. This represents a yield of 0.57%. The ex-dividend date was Thursday, April 17th. Baillie Gifford Shin Nippon's payout ratio is -5.06%.

Insider Buying and Selling at Baillie Gifford Shin Nippon

In related news, insider Kevin Troup bought 10,000 shares of the firm's stock in a transaction on Monday, April 7th. The shares were bought at an average cost of GBX 95 ($1.28) per share, for a total transaction of £9,500 ($12,782.56). 0.94% of the stock is owned by corporate 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.