Baillie Gifford US Growth (LON:USA) Trading Down 0.4% - What's Next?

Key Points

• Baillie Gifford US Growth's stock price fell by 0.4%, trading at GBX 264 ($3.58), with a significant drop in volume at 272,980 shares, down 78% from its average session.
• The company reported a P/E ratio of 8.96 and a net margin of 93.74%, reflecting its financial performance in its latest quarterly earnings.
• Baillie Gifford US Growth aims for long-term capital growth primarily through investments in U.S.-based equities, allowing up to 50% investment in private companies.

Baillie Gifford US Growth (LON:USA - Get Free Report) shares fell 0.4% on Friday . The company traded as low as GBX 262.50 ($3.54) and last traded at GBX 264 ($3.56). 272,980 shares changed hands during mid-day trading, a decline of 78% from the average session volume of 1,214,374 shares. The stock had previously closed at GBX 265 ($3.58).

Baillie Gifford US Growth Trading Down 1.1%

The company has a market cap of £749.14 million and a price-to-earnings ratio of 8.91. The business has a fifty day moving average price of GBX 255.56 and a two-hundred day moving average price of GBX 242.57.

Baillie Gifford US Growth (LON:USA - Get Free Report) last released its quarterly earnings data on Tuesday, August 12th. The company reported GBX (2.54) EPS for the quarter. Baillie Gifford US Growth had a return on equity of 14.55% and a net margin of 93.74%.

About Baillie Gifford US Growth

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.