Baillie Gifford Shin Nippon (LON:BGS) Stock Price Passes Above Fifty Day Moving Average - What's Next?

Key Points

• Baillie Gifford Shin Nippon's share price has recently surpassed its fifty-day moving average, trading at GBX 136.60 ($1.85) as of Friday.
• The company reported a negative return on equity of 13.81% and an impressive net margin of 101.98% for the last quarter.
• Baillie Gifford Shin Nippon primarily invests in small Japanese companies, seeking long-term capital growth through attractive investments in 40–80 selected firms.

Baillie Gifford Shin Nippon PLC (LON:BGS - Get Free Report) shares passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 130.32 ($1.78) and traded as high as GBX 137 ($1.87). Baillie Gifford Shin Nippon shares last traded at GBX 136.60 ($1.86), with a volume of 405,831 shares changing hands.

Baillie Gifford Shin Nippon Stock Down 0.6%

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 company has a market capitalization of £341.33 million, a price-to-earnings ratio of -1,310.68 and a beta of 0.60. The stock's fifty day simple moving average is GBX 130.80 and its two-hundred day simple moving average is GBX 120.04.

Baillie Gifford Shin Nippon (LON:BGS - Get Free Report) last issued its quarterly earnings results on Friday, September 5th. The company reported GBX 0.37 earnings per share 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 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.