Shares of Baillie Gifford Shin Nippon PLC (LON:BGS - Get Free Report) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 114.33 ($1.54) and traded as high as GBX 121.20 ($1.63). Baillie Gifford Shin Nippon shares last traded at GBX 120.80 ($1.62), with a volume of 1,122,288 shares trading hands.
Baillie Gifford Shin Nippon Trading Up 0.5%
The company has a market capitalization of £338.91 million, a PE ratio of -6.14 and a beta of 0.60. The company's fifty day moving average is GBX 114.65 and its 200-day moving average is GBX 113.82. The company has a debt-to-equity ratio of 20.31, a current ratio of 0.13 and a quick ratio of 3.66.
Baillie Gifford Shin Nippon (LON:BGS - Get Free Report) last issued 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 net margin of 101.98% and a negative return on equity of 13.81%.
Baillie Gifford Shin Nippon Cuts Dividend
The company also recently declared a dividend, which was paid on Thursday, May 29th. Shareholders of record on Thursday, April 17th were issued a GBX 0.60 ($0.01) dividend. This represents a yield of 0.57%. The ex-dividend date was Thursday, April 17th. Baillie Gifford Shin Nippon's dividend payout ratio is currently -5.06%.
Insiders Place Their Bets
In other news, insider Kevin Troup purchased 10,000 shares of the business's stock in a transaction on Monday, April 7th. The shares were acquired at an average cost of GBX 95 ($1.28) per share, with a total value of £9,500 ($12,775.69). Corporate insiders own 0.94% of the company's stock.
About Baillie Gifford Shin Nippon
(
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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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