The Baillie Gifford Japan Trust (LON:BGFD) Sets New 1-Year High - What's Next?

The Baillie Gifford Japan Trust PLC (LON:BGFD - Get Free Report)'s share price hit a new 52-week high during trading on Monday . The company traded as high as GBX 909 ($12.20) and last traded at GBX 905.83 ($12.15), with a volume of 37155 shares trading hands. The stock had previously closed at GBX 901.36 ($12.09).

The Baillie Gifford Japan Trust Stock Up 1.1%

The company has a market cap of £824.20 million, a P/E ratio of 12.52 and a beta of 0.73. The business has a fifty day moving average of GBX 827.63 and a 200 day moving average of GBX 775.99.

Insider Activity at The Baillie Gifford Japan Trust

In other The Baillie Gifford Japan Trust news, insider Simon Davis bought 895 shares of the firm's stock in a transaction that occurred on Monday, July 28th. The stock was bought at an average price of GBX 838 per share, for a total transaction of £7,500.10. 1.50% of the stock is currently owned by corporate insiders.

The Baillie Gifford Japan Trust Company Profile

The Trust aims to pursue long-term capital growth principally through investment in medium to smaller sized Japanese companies which are believed to have above average prospects for growth. We invest in a spread of 40–70 companies, predominantly medium and smaller sized, that we believe offer good growth opportunities. Growth may come from innovative business models, disrupting traditional Japanese practices or market opportunities, such as growth from overseas. We aim to take a three to five year view and the Trust is managed by looking at the underlying investments rather than the benchmark which is TOPIX total return.