The Baillie Gifford Japan Trust (LON:BGFD) Sets New 1-Year High – What’s Next?

The Baillie Gifford Japan Trust PLC (LON:BGFD)’s stock price hit a new 52-week high during trading on Monday . The stock traded as high as GBX 938 ($12.60) and last traded at GBX 931.04 ($12.51), with a volume of 132839 shares. The stock had previously closed at GBX 918 ($12.33).

The Baillie Gifford Japan Trust Stock Performance

The company has a 50-day moving average price of GBX 897.93 and a 200-day moving average price of GBX 808.41. The firm has a market capitalization of £719.28 million, a P/E ratio of 5,397.30 and a beta of 0.73.

Insider Buying and Selling at The Baillie Gifford Japan Trust

In related news, insider Simon Davis purchased 895 shares of The Baillie Gifford Japan Trust stock in a transaction dated Monday, July 28th. The stock was bought at an average price of GBX 838 per share, for a total transaction of £7,500.10. 0.20% of the stock is owned by company insiders.

The Baillie Gifford Japan Trust Company Profile

The Trust aims to pursue long-term capital growth principally through investment in medium to smaller sized Japanese companies which are believed to have above average prospects for growth. We invest in a spread of 40–70 companies, predominantly medium and smaller sized, that we believe offer good growth opportunities.

Growth may come from innovative business models, disrupting traditional Japanese practices or market opportunities, such as growth from overseas.

We aim to take a three to five year view and the Trust is managed by looking at the underlying investments rather than the benchmark which is TOPIX total return.