The Baillie Gifford Japan Trust (LON:BGFD) Sets New 52-Week High - Here's What Happened

The Baillie Gifford Japan Trust PLC (LON:BGFD - Get Free Report) reached a new 52-week high on Wednesday . The company traded as high as GBX 825 ($11.15) and last traded at GBX 824 ($11.14), with a volume of 74410 shares. The stock had previously closed at GBX 809 ($10.94).

The Baillie Gifford Japan Trust Stock Up 3.2%

The company has a 50 day moving average price of GBX 782.20 and a 200-day moving average price of GBX 755.04. The company has a market cap of £761.91 million, a P/E ratio of 11.57 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.

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