The Baillie Gifford Japan Trust (LON:BGFD) Stock Crosses Below 50 Day Moving Average – Here’s What Happened

Shares of The Baillie Gifford Japan Trust PLC (LON:BGFD) passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 724.48 ($9.32) and traded as low as GBX 708 ($9.11). The Baillie Gifford Japan Trust shares last traded at GBX 710 ($9.14), with a volume of 68,475 shares traded.

The Baillie Gifford Japan Trust Trading Down 1.8 %

The stock has a market cap of £608.58 million, a P/E ratio of 3,380.95 and a beta of 0.73. The stock’s 50-day moving average is GBX 724.48 and its two-hundred day moving average is GBX 728.57. The company has a debt-to-equity ratio of 18.86, a current ratio of 0.18 and a quick ratio of 0.14.

The Baillie Gifford Japan Trust Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Wednesday, December 18th. Shareholders of record on Thursday, November 14th will be issued a dividend of GBX 10 ($0.13) per share. This represents a dividend yield of 1.43%. The ex-dividend date is Thursday, November 14th. The Baillie Gifford Japan Trust’s dividend payout ratio (DPR) is presently 4,761.90%.

The Baillie Gifford Japan Trust Company Profile

The Baillie Gifford Japan Trust PLC is a closed ended equity mutual fund launched and managed by Baillie Gifford & Co Ltd. It is co-managed by Baillie Gifford & Co The fund invests in the public equity markets of Japan. It seeks to invest in stocks of companies operating across diversified sectors.