Free Trial

Baillie Gifford UK Growth Trust (LON:BGUK) Trading Down 0.3% - Here's Why

Baillie Gifford UK Growth Trust logo with Financial Services background
Image from MarketBeat Media, LLC.

Key Points

  • Shares traded down 0.3% to GBX 188 (intraday low GBX 185.50) on heavy volume of 800,830 shares, about 223% above the average session volume.
  • The trust has a market cap of £213.1m and a P/E of 6.64, and is trading below its 50‑ and 200‑day moving averages (both ≈ GBX 200) with a beta of 1.36.
  • Insider Cathy Pitt purchased 5,014 shares at GBX 198 on March 5 (insiders own 0.44%); the trust aims for capital growth versus the FTSE All‑Share via a concentrated 35–65 stock portfolio and may invest up to 10% in private companies.
  • Five stocks we like better than Baillie Gifford UK Growth Trust.

Baillie Gifford UK Growth Trust plc (LON:BGUK - Get Free Report) shares traded down 0.3% during mid-day trading on Thursday . The company traded as low as GBX 185.50 and last traded at GBX 188. 800,830 shares changed hands during mid-day trading, an increase of 223% from the average session volume of 247,597 shares. The stock had previously closed at GBX 188.50.

Baillie Gifford UK Growth Trust Price Performance

The company has a market capitalization of £213.10 million, a price-to-earnings ratio of 6.64 and a beta of 1.36. The business has a fifty day moving average price of GBX 199.99 and a 200 day moving average price of GBX 201.88.

Insider Transactions at Baillie Gifford UK Growth Trust

In related news, insider Cathy Pitt purchased 5,014 shares of Baillie Gifford UK Growth Trust stock in a transaction on Thursday, March 5th. The stock was purchased at an average cost of GBX 198 per share, with a total value of £9,927.72. Company insiders own 0.44% of the company's stock.

About Baillie Gifford UK Growth Trust

(Get Free Report)

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. 10% of the total asset value of the Trust can be invested, at the time of initial investment, in private companies. Sector and industry weightings are a consequence of the index agnostic approach to stock selection.

Read More

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Baillie Gifford UK Growth Trust Right Now?

Before you consider Baillie Gifford UK Growth Trust, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Baillie Gifford UK Growth Trust wasn't on the list.

While Baillie Gifford UK Growth Trust currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

5G Stocks: The Path Forward is Profitable Cover

Click the link to see MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines