Baillie Gifford European Growth Trust (LON:BGEU) Trading Up 1% – Still a Buy?

Baillie Gifford European Growth Trust plc (LON:BGEU) shares were up 1% during mid-day trading on Friday . The stock traded as high as GBX 101.75 and last traded at GBX 101.50. Approximately 705,886 shares changed hands during mid-day trading, an increase of 9% from the average daily volume of 647,198 shares. The stock had previously closed at GBX 100.50.

Baillie Gifford European Growth Trust Stock Performance

The company has a current ratio of 1.63, a quick ratio of 4.20 and a debt-to-equity ratio of 14.77. The stock has a market capitalization of £300.89 million, a PE ratio of 21.10 and a beta of 1.41. The firm’s fifty day moving average is GBX 99.73 and its 200-day moving average is GBX 104.52.

About Baillie Gifford European Growth Trust

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.