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

The Baillie Gifford Japan Trust PLC (LON:BGFD - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 804 ($10.98) and last traded at GBX 804 ($10.98), with a volume of 64135 shares traded. The stock had previously closed at GBX 803 ($10.97).

The Baillie Gifford Japan Trust Stock Up 0.6%

The company has a 50 day moving average of GBX 765.66 and a two-hundred day moving average of GBX 745.70. The firm has a market cap of £739.32 million, a P/E ratio of 11.23 and a beta of 0.73.

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.