The Baillie Gifford Japan Trust (LON:BGFD) Share Price Crosses Below 50 Day Moving Average – Here’s Why

The Baillie Gifford Japan Trust PLC (LON:BGFD)’s share price passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 712.06 ($8.72) and traded as low as GBX 688.50 ($8.43). The Baillie Gifford Japan Trust shares last traded at GBX 706 ($8.64), with a volume of 271,720 shares changing hands.

The Baillie Gifford Japan Trust Stock Performance

The firm has a market capitalization of £623.46 million, a price-to-earnings ratio of 3,400.00 and a beta of 0.73. The company has a current ratio of 0.18, a quick ratio of 0.14 and a debt-to-equity ratio of 18.86. The stock’s 50-day moving average is GBX 712.12 and its 200-day moving average is GBX 724.25.

The Baillie Gifford Japan Trust Announces Dividend

The business also recently declared a dividend, which was paid on Wednesday, December 18th. Stockholders of record on Thursday, November 14th were issued a dividend of GBX 10 ($0.12) per share. The ex-dividend date was Thursday, November 14th. This represents a dividend yield of 1.43%. The Baillie Gifford Japan Trust’s dividend payout ratio (DPR) is presently 4,761.90%.

Insider Activity at The Baillie Gifford Japan Trust

In other The Baillie Gifford Japan Trust news, insider Patricia Lewis bought 219 shares of The Baillie Gifford Japan Trust stock in a transaction on Friday, January 3rd. The shares were purchased at an average cost of GBX 712 ($8.71) per share, with a total value of £1,559.28 ($1,908.54). 1.50% of the stock is currently owned by company insiders.

The Baillie Gifford Japan Trust Company Profile

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.