Baillie Gifford UK Growth Trust (LON:BGUK) Hits New 12-Month High – Still a Buy?

Shares of Baillie Gifford UK Growth Trust plc (LON:BGUK) hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 196.50 ($2.49) and last traded at GBX 195 ($2.47), with a volume of 288962 shares trading hands. The stock had previously closed at GBX 195.50 ($2.48).

Baillie Gifford UK Growth Trust Trading Down 0.3 %

The stock has a market cap of £263.53 million, a price-to-earnings ratio of 4.97 and a beta of 1.04. The company has a quick ratio of 0.48, a current ratio of 0.29 and a debt-to-equity ratio of 8.46. The business’s 50 day simple moving average is GBX 184.63 and its 200 day simple moving average is GBX 179.42.

Insider Buying and Selling at Baillie Gifford UK Growth Trust

In other news, insider Neil Rogan purchased 20,335 shares of the business’s stock in a transaction on Thursday, February 6th. The stock was purchased at an average price of GBX 196 ($2.48) per share, for a total transaction of £39,856.60 ($50,502.53). Also, insider Seema Paterson purchased 10,000 shares of the business’s stock in a transaction on Tuesday, January 28th. The stock was purchased at an average price of GBX 191 ($2.42) per share, with a total value of £19,100 ($24,201.72). Insiders bought a total of 38,703 shares of company stock worth $7,393,532 over the last quarter. 3.18% of the stock is currently owned by insiders.

About Baillie Gifford UK Growth Trust

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.