Baillie Gifford US Growth (LON:USA) Trading 3.4% Higher – Time to Buy?

Baillie Gifford US Growth (LON:USA) rose 3.4% during trading on Wednesday . The company traded as high as GBX 294 and last traded at GBX 291. Approximately 2,697,476 shares changed hands during trading, an increase of 289% from the average daily volume of 693,680 shares. The stock had previously closed at GBX 281.50.

Baillie Gifford US Growth Price Performance

The company’s 50-day moving average is GBX 282.44 and its 200-day moving average is GBX 280.19. The firm has a market capitalization of £805.27 million, a price-to-earnings ratio of 14.69 and a beta of 0.68.

Baillie Gifford US Growth (LON:USA) last issued its quarterly earnings results on Monday, January 26th. The company reported GBX (1.20) EPS for the quarter. Baillie Gifford US Growth had a return on equity of 7.17% and a net margin of 88.83%.

About Baillie Gifford US Growth

The Trust aims to produce long-term capital growth by investing predominantly in equities of companies which are incorporated, domiciled or conducting a significant portion of their business in the United States of America. The maximum amount which may be invested directly in private companies shall not exceed 50% of the total assets of the Company, measured at the time of investment. We are bottom-up, growth investors with a long-term horizon. The portfolio consists of direct holdings in listed securities and private companies in up to a combined maximum of 90 companies or funds, typically with 30 or more listed security holdings.