The Baillie Gifford Japan Trust (LON:BGFD) Posts Earnings Results

Key Points

• The Baillie Gifford Japan Trust reported earnings of GBX 7.32 per share for the quarter, with a return on equity of 8.49% and a net margin of 94.64%.
• Despite strong earnings, the stock price fell by 1.1%, opening at GBX 941 with a market capitalization of £726.98 million.
• Insider Simon Davis bought 895 shares at an average price of GBX 838, indicating confidence in the company's future.

The Baillie Gifford Japan Trust (LON:BGFD - ) posted its earnings results on Tuesday. The company reported GBX 7.32 earnings per share for the quarter, Digital Look Earnings reports. The Baillie Gifford Japan Trust had a return on equity of 8.49% and a net margin of 94.64%.

The Baillie Gifford Japan Trust Stock Down 1.1%

The Baillie Gifford Japan Trust stock opened at GBX 941 on Tuesday. The company has a market capitalization of £726.98 million, a P/E ratio of 54.55 and a beta of 0.73. The stock's 50 day moving average is GBX 913.40 and its 200 day moving average is GBX 822.28. The Baillie Gifford Japan Trust has a twelve month low of GBX 623.45 and a twelve month high of GBX 955.

Insider Buying and Selling at The Baillie Gifford Japan Trust

In related news, insider Simon Davis purchased 895 shares of the business's stock in a transaction that occurred on Monday, July 28th. The shares were bought at an average price of GBX 838 per share, for a total transaction of £7,500.10. 0.20% of the stock is owned by insiders.

About The Baillie Gifford Japan Trust

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.

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