The Baillie Gifford Japan Trust (LON:BGFD) Hits New 12-Month High – Here’s What Happened

The Baillie Gifford Japan Trust PLC (LON:BGFD) shares reached a new 52-week high on Tuesday . The stock traded as high as GBX 1,086 and last traded at GBX 1,068, with a volume of 81001 shares traded. The stock had previously closed at GBX 1,082.09.

The Baillie Gifford Japan Trust Price Performance

The company has a debt-to-equity ratio of 7.29, a quick ratio of 0.14 and a current ratio of 0.14. The stock has a market capitalization of £702.29 million, a PE ratio of 5.66 and a beta of 1.00. The stock’s 50 day moving average is GBX 1,001.68 and its two-hundred day moving average is GBX 941.60.

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.