Baillie Gifford US Growth (LON:USA) Hits New 12-Month High - Here's Why

Key Points

• Baillie Gifford US Growth (LON:USA) hit a new 52-week high, trading as high as GBX 327.50 and last at GBX 326.06 on volume of 357,380 shares (previous close GBX 323), with the 50‑day and 200‑day moving averages at GBX 291.50 and GBX 285.65 respectively.
• The trust has a market cap of £904.89 million, a P/E of 16.51 and a beta of 0.65, and targets long‑term capital growth by investing mainly in US equities — including up to 50% of assets in private companies — across a concentrated portfolio of up to 90 holdings.

Baillie Gifford US Growth (LON:USA - )'s stock price hit a new 52-week high on Tuesday . The company traded as high as GBX 327.50 and last traded at GBX 326.06, with a volume of 357380 shares traded. The stock had previously closed at GBX 323.

Baillie Gifford US Growth Price Performance

The stock's 50-day moving average is GBX 291.50 and its two-hundred day moving average is GBX 285.65. The stock has a market cap of £904.89 million, a P/E ratio of 16.51 and a beta of 0.65.

Baillie Gifford US Growth Company Profile

The Trust aims to produce long-term capital growth by investing predominantly in equities of companies which are incorporated, domiciled or conducting a significant portion of their business in the United States of America. The maximum amount which may be invested directly in private companies shall not exceed 50% of the total assets of the Company, measured at the time of investment. We are bottom-up, growth investors with a long-term horizon. The portfolio consists of direct holdings in listed securities and private companies in up to a combined maximum of 90 companies or funds, typically with 30 or more listed security holdings.

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.