The Baillie Gifford Japan Trust (LON:BGFD) Stock Crosses Below Fifty Day Moving Average – Here’s What Happened

The Baillie Gifford Japan Trust PLC (LON:BGFD)’s share price passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 729.61 ($9.50) and traded as low as GBX 687 ($8.94). The Baillie Gifford Japan Trust shares last traded at GBX 703 ($9.15), with a volume of 231,713 shares trading hands.

The Baillie Gifford Japan Trust Stock Performance

The stock has a market capitalization of £620.31 million, a price-to-earnings ratio of 3,376.19 and a beta of 0.73. The company has a 50 day simple moving average of GBX 728.47 and a 200-day simple moving average of GBX 728.33. The company has a quick ratio of 0.14, a current ratio of 0.18 and a debt-to-equity ratio of 18.86.

The Baillie Gifford Japan Trust Dividend Announcement

The business also recently declared a dividend, which will be paid on Wednesday, December 18th. Shareholders of record on Thursday, November 14th will be issued a GBX 10 ($0.13) dividend. This represents a yield of 1.43%. The ex-dividend date of this dividend is Thursday, November 14th. The Baillie Gifford Japan Trust’s payout ratio is 4,761.90%.

The Baillie Gifford Japan Trust Company Profile

The Baillie Gifford Japan Trust PLC is a closed ended equity mutual fund launched and managed by Baillie Gifford & Co Ltd. It is co-managed by Baillie Gifford & Co The fund invests in the public equity markets of Japan. It seeks to invest in stocks of companies operating across diversified sectors.