Baillie Gifford European Growth Trust (LON:BGEU) Shares Down 1.3% – Here’s What Happened

Posted by Steve Fairfield on Jan 16th, 2025

Baillie Gifford European Growth Trust plc (LON:BGEU – Get Free Report) shares traded down 1.3% during trading on Monday . The stock traded as low as GBX 85.20 ($1.04) and last traded at GBX 85.50 ($1.05). 308,060 shares traded hands during trading, a decline of 46% from the average session volume of 572,806 shares. The stock had previously closed at GBX 86.60 ($1.06).

Baillie Gifford European Growth Trust Price Performance

The company has a debt-to-equity ratio of 12.89, a current ratio of 4.16 and a quick ratio of 4.20. The company’s 50 day moving average price is GBX 85.85 and its 200 day moving average price is GBX 89.72. The firm has a market capitalization of £308.87 million, a P/E ratio of 1,248.57 and a beta of 1.06.

Baillie Gifford European Growth Trust Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, February 14th. Stockholders of record on Thursday, January 9th will be paid a GBX 0.60 ($0.01) dividend. This is a boost from Baillie Gifford European Growth Trust’s previous dividend of $0.40. This represents a dividend yield of 0.71%. The ex-dividend date is Thursday, January 9th. Baillie Gifford European Growth Trust’s dividend payout ratio (DPR) is 1,428.57%.

Insider Transactions at Baillie Gifford European Growth Trust

In other Baillie Gifford European Growth Trust news, insider David Barron bought 20,600 shares of the stock in a transaction on Monday, December 9th. The stock was purchased at an average price of GBX 87 ($1.06) per share, with a total value of £17,922 ($21,936.35). Also, insider Andrew Watkins purchased 10,000 shares of the business’s stock in a transaction dated Friday, November 22nd. The stock was bought at an average cost of GBX 85 ($1.04) per share, for a total transaction of £8,500 ($10,403.92). 6.90% of the stock is currently owned by corporate insiders.

Baillie Gifford European Growth Trust Company Profile

(Get Free Report)

The European Investment Trust plc is a closed ended equity mutual fund launched and managed by Edinburgh Partners AIFM Limited. The fund is co-managed by Edinburgh Partners Limited. It invests in public equity markets of Europe, excluding the United Kingdom. The fund seeks to invest in stocks of companies operating across diversified sectors.