The Baillie Gifford Japan Trust (LON:BGFD) Hits New 12-Month High – Should You Buy?

Shares of The Baillie Gifford Japan Trust PLC (LON:BGFD) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 766 ($9.49) and last traded at GBX 763.20 ($9.46), with a volume of 205672 shares changing hands. The stock had previously closed at GBX 765 ($9.48).

The Baillie Gifford Japan Trust Price Performance

The company has a current ratio of 0.18, a quick ratio of 0.14 and a debt-to-equity ratio of 18.86. The firm has a market capitalization of £678.48 million, a price-to-earnings ratio of 3,700.00 and a beta of 0.73. The company’s 50 day moving average is GBX 720.29 and its 200-day moving average is GBX 724.71.

The Baillie Gifford Japan Trust (LON:BGFD) last released its quarterly earnings data on Tuesday, October 29th. The company reported GBX 8.23 ($0.10) earnings per share (EPS) for the quarter. The Baillie Gifford Japan Trust had a return on equity of 2.40% and a net margin of 191.87%.

Insider Buying and Selling

In related news, insider Patricia Lewis bought 219 shares of The Baillie Gifford Japan Trust stock in a transaction that occurred on Friday, January 3rd. The stock was acquired at an average price of GBX 712 ($8.82) per share, with a total value of £1,559.28 ($1,932.43). 1.50% of the stock is owned by 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.