Baillie Gifford UK Growth Trust (LON:BGUK) Stock Jumps 1.4% – Here’s Why

Shares of Baillie Gifford UK Growth Trust plc (LON:BGUK) rose 1.4% during mid-day trading on Thursday. The company traded as high as GBX 223 and last traded at GBX 223. 149,175 shares traded hands during trading, a decline of 43% from the average daily volume of 263,283 shares. The stock had previously closed at GBX 220.

Baillie Gifford UK Growth Trust Stock Performance

The stock has a fifty day simple moving average of GBX 219.22 and a 200-day simple moving average of GBX 212.54. The stock has a market cap of £235.89 million, a P/E ratio of 7.66 and a beta of 1.35. The company has a debt-to-equity ratio of 9.92, a quick ratio of 0.48 and a current ratio of 0.17.

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.