The Baillie Gifford Japan Trust (LON:BGFD) Shares Cross Above 50 Day Moving Average – Should You Sell?

Shares of The Baillie Gifford Japan Trust PLC (LON:BGFD) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 710.93 ($8.80) and traded as high as GBX 716 ($8.86). The Baillie Gifford Japan Trust shares last traded at GBX 709.25 ($8.78), with a volume of 87,464 shares trading hands.

The Baillie Gifford Japan Trust Stock Performance

The stock has a market cap of £626.96 million, a P/E ratio of 3,419.05 and a beta of 0.73. The stock has a fifty day simple moving average of GBX 711.17 and a 200-day simple moving average of GBX 724.87. The company has a quick ratio of 0.14, a current ratio of 0.18 and a debt-to-equity ratio of 18.86.

The Baillie Gifford Japan Trust Dividend Announcement

The firm also recently disclosed 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. This represents a dividend yield of 1.43%. The ex-dividend date was 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 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.