Baillie Gifford UK Growth Trust (LON:BGUK) Hits New 12-Month High – Still a Buy?

Baillie Gifford UK Growth Trust plc (LON:BGUK)’s share price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 196.50 ($2.49) and last traded at GBX 195 ($2.47), with a volume of 288962 shares changing hands. The stock had previously closed at GBX 195.50 ($2.48).

Baillie Gifford UK Growth Trust Stock Down 0.3 %

The company has a market capitalization of £263.53 million, a P/E ratio of 4.97 and a beta of 1.04. The company has a debt-to-equity ratio of 8.46, a quick ratio of 0.48 and a current ratio of 0.29. The firm’s fifty day moving average is GBX 184.63 and its 200-day moving average is GBX 179.42.

Insider Activity at Baillie Gifford UK Growth Trust

In other Baillie Gifford UK Growth Trust news, insider Ruary Neill bought 8,368 shares of the business’s stock in a transaction that occurred on Monday, December 2nd. The shares were acquired at an average cost of GBX 179 ($2.27) per share, for a total transaction of £14,978.72 ($18,979.62). Also, insider Neil Rogan bought 20,335 shares of the business’s stock in a transaction that occurred on Thursday, February 6th. The shares were acquired at an average price of GBX 196 ($2.48) per share, for a total transaction of £39,856.60 ($50,502.53). In the last three months, insiders have purchased 38,703 shares of company stock valued at $7,393,532. 3.18% of the stock is owned by insiders.

Baillie Gifford UK Growth Trust Company Profile

The Trust aims to achieve capital growth predominantly from investment in UK listed equities, with the aim of providing a total return in excess of the FTSE All-Share Index. Investments are made with a five year investment horizon and the portfolio is relatively concentrated with between 35 – 65 companies.