Baillie Gifford Shin Nippon (LON:BGS) Stock Passes Above 50 Day Moving Average – Time to Sell?

Baillie Gifford Shin Nippon PLC (LON:BGS)’s stock price crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 111.92 ($1.40) and traded as high as GBX 112.60 ($1.41). Baillie Gifford Shin Nippon shares last traded at GBX 112.21 ($1.41), with a volume of 503,462 shares traded.

Baillie Gifford Shin Nippon Price Performance

The company’s 50-day moving average price is GBX 111.92 and its 200-day moving average price is GBX 113.59. The company has a quick ratio of 3.66, a current ratio of 0.13 and a debt-to-equity ratio of 20.31. The firm has a market cap of £327.02 million, a price-to-earnings ratio of -561.05 and a beta of 0.60.

Baillie Gifford Shin Nippon Company Profile

Baillie Gifford Shin Nippon 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.