Baillie Gifford UK Growth Trust (LON:BGUK) Hits New 12-Month High – What’s Next?

Baillie Gifford UK Growth Trust plc (LON:BGUK)’s share price reached a new 52-week high during trading on Thursday . The stock traded as high as GBX 196.50 ($2.44) and last traded at GBX 196.50 ($2.44), with a volume of 491542 shares. The stock had previously closed at GBX 194 ($2.41).

Baillie Gifford UK Growth Trust Stock Down 0.8 %

The company has a quick ratio of 0.48, a current ratio of 0.24 and a debt-to-equity ratio of 6.21. The firm’s 50-day moving average price is GBX 182.05 and its 200 day moving average price is GBX 178.27. The firm has a market cap of £282.61 million, a P/E ratio of 16,950.00 and a beta of 1.04.

Insiders Place Their Bets

In related news, insider Ruary Neill bought 8,368 shares of the firm’s stock in a transaction that occurred on Monday, December 2nd. The stock was purchased at an average price of GBX 179 ($2.22) per share, for a total transaction of £14,978.72 ($18,581.71). Also, insider Neil Rogan purchased 20,335 shares of the company’s stock in a transaction on Thursday, February 6th. The shares were bought at an average price of GBX 196 ($2.43) per share, for a total transaction of £39,856.60 ($49,443.74). In the last 90 days, insiders bought 38,703 shares of company stock worth $7,393,532. Insiders own 3.18% of the company’s stock.

Baillie Gifford UK Growth Trust Company Profile

The Trust aims to achieve capital growth predominantly from investment in UK listed equities, with the aim of providing a total return in excess of the FTSE All-Share Index. Investments are made with a five year investment horizon and the portfolio is relatively concentrated with between 35 – 65 companies.