Baillie Gifford UK Growth Trust (LON:BGUK) Hits New 52-Week High – Here’s What Happened

Baillie Gifford UK Growth Trust plc (LON:BGUK) reached a new 52-week high during trading on Friday . The stock traded as high as GBX 213 and last traded at GBX 213, with a volume of 386411 shares changing hands. The stock had previously closed at GBX 208.

Baillie Gifford UK Growth Trust Stock Performance

The company’s fifty day moving average price is GBX 199.10 and its 200 day moving average price is GBX 201.79. The firm has a market capitalization of £230.73 million, a price-to-earnings ratio of 7.52 and a beta of 1.37.

Insider Transactions at Baillie Gifford UK Growth Trust

In other news, insider Cathy Pitt bought 5,014 shares of Baillie Gifford UK Growth Trust stock in a transaction on Thursday, March 5th. The stock was purchased at an average cost of GBX 198 per share, with a total value of £9,927.72. 0.44% of the stock is owned by insiders.

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.