Baillie Gifford Shin Nippon (LON:BGS) Reaches New 1-Year High – Here’s What Happened

Baillie Gifford Shin Nippon PLC (LON:BGS)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 151.40 and last traded at GBX 148.80, with a volume of 247891 shares traded. The stock had previously closed at GBX 148.80.

Baillie Gifford Shin Nippon Stock Up 2.9%

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 business has a 50-day simple moving average of GBX 137.40 and a two-hundred day simple moving average of GBX 133.60. The company has a market cap of £376.81 million, a price-to-earnings ratio of 60.47 and a beta of 0.60.

About Baillie Gifford Shin Nippon

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.