Baillie Gifford UK Growth Trust (LON:BGUK) Hits New 1-Year High – Still a Buy?

Baillie Gifford UK Growth Trust plc (LON:BGUK) shares hit a new 52-week high on Monday . The stock traded as high as GBX 231 and last traded at GBX 230, with a volume of 59523 shares traded. The stock had previously closed at GBX 230.

Baillie Gifford UK Growth Trust Stock Down 1.3%

The company has a debt-to-equity ratio of 9.92, a current ratio of 0.17 and a quick ratio of 0.48. The company’s 50-day simple moving average is GBX 214.63 and its 200 day simple moving average is GBX 206.08. The firm has a market cap of £242.51 million, a P/E ratio of 7.83 and a beta of 1.37.

Baillie Gifford UK Growth Trust (LON:BGUK) last posted its earnings results on Friday, June 26th. The company reported GBX 6.23 earnings per share for the quarter. The firm had revenue of GBX 889 million for the quarter. Baillie Gifford UK Growth Trust had a net margin of 91.43% and a return on equity of 13.49%.

Insider Buying and Selling

In related news, insider Seema Paterson acquired 10,000 shares of Baillie Gifford UK Growth Trust stock in a transaction on Tuesday, June 30th. The shares were bought at an average cost of GBX 213 per share, with a total value of £21,300. Corporate insiders own 0.52% of the company’s stock.

Baillie Gifford UK Growth Trust Company Profile

The Trust aims to achieve capital growth predominantly from investment in UK listed equities, with the aim of providing a total return in excess of the FTSE All-Share Index. Investments are made with a five year investment horizon and the portfolio is relatively concentrated with between 35 – 65 companies. 10% of the total asset value of the Trust can be invested, at the time of initial investment, in private companies. Sector and industry weightings are a consequence of the index agnostic approach to stock selection.