The Baillie Gifford Japan Trust (LON:BGFD) Shares Cross Above 50-Day Moving Average - Should You Sell?

Shares of The Baillie Gifford Japan Trust PLC (LON:BGFD - Get Free Report) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 753.76 ($10.14) and traded as high as GBX 787 ($10.58). The Baillie Gifford Japan Trust shares last traded at GBX 785 ($10.56), with a volume of 145,878 shares trading hands.

The Baillie Gifford Japan Trust Price Performance

The firm has a 50-day moving average of GBX 753.76 and a 200 day moving average of GBX 742.09. The company has a market capitalization of £716.50 million, a PE ratio of 10.88 and a beta of 0.73.

The Baillie Gifford Japan Trust (LON:BGFD - Get Free Report) last issued its earnings results on Friday, March 28th. The company reported GBX 3.41 ($0.05) earnings per share (EPS) for the quarter. The Baillie Gifford Japan Trust had a net margin of 94.64% and a return on equity of 8.49%.

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.