The Baillie Gifford Japan Trust (LON:BGFD) Sets New 12-Month High - Here's What Happened

Key Points

• The Baillie Gifford Japan Trust (LON:BGFD) shares reached a new 52-week high of GBX 851 ($11.30) during trading, demonstrating an increase from the previous closing price of GBX 835.26 ($11.09).
• The company has a market capitalization of £776.74 million and a price-to-earnings ratio of 11.80, indicating a stable growth perspective.
• Insider Simon Davis purchased 895 shares on July 28th at an average price of GBX 838 ($11.13), showcasing confidence in the company's prospects.

The Baillie Gifford Japan Trust PLC (LON:BGFD - ) shares hit a new 52-week high during trading on Monday . The company traded as high as GBX 851 ($11.30) and last traded at GBX 851 ($11.30), with a volume of 57316 shares changing hands. The stock had previously closed at GBX 835.26 ($11.09).

The Baillie Gifford Japan Trust Price Performance

The company has a market capitalization of £776.74 million, a price-to-earnings ratio of 11.80 and a beta of 0.73. The business's 50-day moving average price is GBX 795.89 and its two-hundred day moving average price is GBX 762.76.

Insiders Place Their Bets

In related news, insider Simon Davis bought 895 shares of the firm's stock in a transaction on Monday, July 28th. The shares were purchased at an average price of GBX 838 ($11.13) per share, with a total value of £7,500.10 ($9,958.97). 1.50% of the stock is owned by company 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.

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