Baillie Gifford UK Growth Trust (LON:BGUK) Stock Price Down 0.6% – Here’s Why

Baillie Gifford UK Growth Trust plc (LON:BGUK)’s stock price was down 0.6% on Tuesday . The stock traded as low as GBX 175.50 ($2.22) and last traded at GBX 176 ($2.23). Approximately 351,597 shares changed hands during trading, an increase of 39% from the average daily volume of 253,497 shares. The stock had previously closed at GBX 177 ($2.24).

Baillie Gifford UK Growth Trust Price Performance

The company has a debt-to-equity ratio of 6.21, a quick ratio of 0.48 and a current ratio of 0.24. The firm has a market cap of £257.25 million, a price-to-earnings ratio of 16,950.00 and a beta of 1.04. The company’s fifty day moving average is GBX 177.16 and its two-hundred day moving average is GBX 174.95.

Insider Activity at Baillie Gifford UK Growth Trust

In other news, insider Cathy Pitt acquired 11,125 shares of the business’s stock in a transaction on Tuesday, September 24th. The shares were purchased at an average price of GBX 179 ($2.27) per share, for a total transaction of £19,913.75 ($25,245.63). Also, insider Neil Rogan acquired 5,726 shares of the business’s stock in a transaction on Friday, September 6th. The stock was purchased at an average price of GBX 173 ($2.19) per share, for a total transaction of £9,905.98 ($12,558.29). Company insiders own 3.18% of the company’s stock.

About Baillie Gifford UK Growth Trust

Baillie Gifford UK Growth Trust plc is a closed-ended equity mutual fund launched and managed by Schroder Unit Trusts Ltd. The fund is co-managed by Schroder Investment Management Limited. It invests in the public equity markets of the United Kingdom. The fund seeks to invest in value stocks of companies operating across diversified sectors.