Baillie Gifford US Growth (LON:USA) Shares Down 0.4% - Here's Why

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 dropped 0.4% during mid-day trading on Friday . The stock traded as low as GBX 262.50 ($3.53) and last traded at GBX 264 ($3.55). Approximately 272,980 shares were traded during trading, a decline of 78% from the average daily volume of 1,214,374 shares. The stock had previously closed at GBX 265 ($3.57).

Baillie Gifford US Growth Price Performance

The stock has a market capitalization of £749.14 million and a P/E ratio of 8.91. The firm has a 50 day moving average of GBX 255.99 and a 200-day moving average of GBX 242.71.

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

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.