Baillie Gifford Shin Nippon (LON:BGS) Stock Price Passes Above Fifty Day Moving Average – Should You Sell?

Baillie Gifford Shin Nippon PLC (LON:BGSGet Free Report) shares passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 115.31 ($1.45) and traded as high as GBX 116.80 ($1.47). Baillie Gifford Shin Nippon shares last traded at GBX 116.20 ($1.46), with a volume of 1,222,995 shares traded.

Baillie Gifford Shin Nippon Price Performance

The firm has a market cap of £324.39 million, a price-to-earnings ratio of -5.88 and a beta of 0.60. The stock’s fifty day moving average price is GBX 115.31 and its 200-day moving average price is GBX 114.43. The company has a debt-to-equity ratio of 20.31, a current ratio of 0.13 and a quick ratio of 3.66.

About Baillie Gifford Shin Nippon

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The Trust aims to achieve long-term capital growth principally through investment in small Japanese companies which are believed to have above-average prospects for capital growth. We invest in 40–80 attractively valued smaller companies that we believe offer good growth opportunities. The Trust is actively managed and will primarily consist of listed companies although up to 10% of total assets can be invested, at the time of initial investment, in unlisted investments, including private companies.

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