Baillie Gifford European Growth Trust plc (LON:BGEU – Get Free Report)’s stock price shot up 6.6% on Wednesday. The stock traded as high as GBX 131 and last traded at GBX 129. Approximately 2,448,898 shares traded hands during mid-day trading, an increase of 256% from the average session volume of 687,734 shares. The stock had previously closed at GBX 121.
Baillie Gifford European Growth Trust Stock Up 6.6%
The company has a debt-to-equity ratio of 18.22, a quick ratio of 4.20 and a current ratio of 1.03. The stock has a 50 day moving average price of GBX 122.91 and a 200 day moving average price of GBX 111.40. The company has a market cap of £366.14 million, a P/E ratio of 94.85 and a beta of 1.37.
Baillie Gifford European Growth Trust Company Profile
The European Investment Trust plc is a closed ended equity mutual fund launched and managed by Edinburgh Partners AIFM Limited. The fund is co-managed by Edinburgh Partners Limited. It invests in public equity markets of Europe, excluding the United Kingdom. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in value stocks of companies. The fund employs fundamental analysis with a bottom-up stock selection approach, focusing on companies which seek to benefit from restructuring, cost cutting, and other profitability improvements to create its portfolio.
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