Baillie Gifford Shin Nippon (LON:BGS) Stock Passes Below 50 Day Moving Average - Time to Sell?

Key Points

• Baillie Gifford Shin Nippon's stock price fell below its 50-day moving average of GBX 133.40, trading as low as GBX 133 on Friday.
• The company's latest earnings report indicated an earnings per share (EPS) of GBX 0.37 with a negative return on equity of 13.81% and a net margin of 101.98%.
• Baillie Gifford Shin Nippon focuses on long-term growth through investments in small Japanese companies with promising capital growth potential.

Baillie Gifford Shin Nippon PLC (LON:BGS - Get Free Report)'s stock price crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 133.40 ($1.80) and traded as low as GBX 133 ($1.79). Baillie Gifford Shin Nippon shares last traded at GBX 133 ($1.79), with a volume of 618,554 shares changing hands.

Baillie Gifford Shin Nippon Stock Up 0.8%

The company has a fifty day simple moving average of GBX 133.40 and a 200-day simple moving average of GBX 121.75. 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 firm has a market cap of £336.27 million, a P/E ratio of -1,291.26 and a beta of 0.60.

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

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.

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