Baillie Gifford UK Growth Trust (LON:BGUK) Sets New 1-Year Low - Here's What Happened

Baillie Gifford UK Growth Trust plc (LON:BGUK - Get Free Report) shares hit a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 155 ($2.03) and last traded at GBX 158.50 ($2.07), with a volume of 242164 shares. The stock had previously closed at GBX 165 ($2.16).

Baillie Gifford UK Growth Trust Stock Down 0.3 %

The stock has a 50-day moving average price of GBX 183.06 and a 200-day moving average price of GBX 180.48. The company has a market capitalization of £226.80 million, a P/E ratio of 4.28 and a beta of 1.04. The company has a debt-to-equity ratio of 8.46, a current ratio of 0.29 and a quick ratio of 0.48.

Insiders Place Their Bets

In other Baillie Gifford UK Growth Trust news, insider Seema Paterson purchased 10,000 shares of the company's stock in a transaction on Tuesday, January 28th. The shares were purchased at an average cost of GBX 191 ($2.50) per share, with a total value of £19,100 ($25,000.00). Also, insider Neil Rogan acquired 20,335 shares of Baillie Gifford UK Growth Trust stock in a transaction dated Thursday, February 6th. The shares were bought at an average cost of GBX 196 ($2.57) per share, with a total value of £39,856.60 ($52,168.32). Company insiders own 3.18% of the company's stock.

About Baillie Gifford UK Growth Trust

The Trust aims to achieve capital growth predominantly from investment in UK listed equities, with the aim of providing a total return in excess of the FTSE All-Share Index. Investments are made with a five year investment horizon and the portfolio is relatively concentrated with between 35 - 65 companies.