The Baillie Gifford Japan Trust (LON:BGFD) Releases Quarterly Earnings Results

The Baillie Gifford Japan Trust (LON:BGFD) released its quarterly earnings results on Friday. The company reported GBX 3.41 ($0.04) earnings per share for the quarter, Digital Look Earnings reports. The Baillie Gifford Japan Trust had a return on equity of 8.49% and a net margin of 94.64%.

The Baillie Gifford Japan Trust Price Performance

Shares of LON:BGFD opened at GBX 748 ($9.68) on Friday. The business’s 50 day moving average price is GBX 760.58 and its 200-day moving average price is GBX 733.21. The Baillie Gifford Japan Trust has a 1 year low of GBX 638.54 ($8.26) and a 1 year high of GBX 791 ($10.24). The firm has a market capitalization of £682.73 million, a price-to-earnings ratio of 10.37 and a beta of 0.73.

Insiders Place Their Bets

In other The Baillie Gifford Japan Trust news, insider Patricia Lewis purchased 219 shares of the firm’s stock in a transaction dated Friday, January 3rd. The shares were purchased at an average cost of GBX 712 ($9.22) per share, with a total value of £1,559.28 ($2,018.22). 1.50% of the stock is currently owned by company insiders.

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.