The Baillie Gifford Japan Trust (LON:BGFD) Announces Earnings Results

The Baillie Gifford Japan Trust (LON:BGFD) released its earnings results on Friday. The company reported GBX 3.41 ($0.04) earnings per share (EPS) for the quarter, Digital Look Earnings reports. The Baillie Gifford Japan Trust had a net margin of 94.64% and a return on equity of 8.49%.

The Baillie Gifford Japan Trust Trading Down 1.6 %

BGFD stock opened at GBX 750 ($9.71) on Friday. The Baillie Gifford Japan Trust has a 1-year low of GBX 638.54 ($8.27) and a 1-year high of GBX 791 ($10.24). The stock has a 50-day moving average price of GBX 759.92 and a 200-day moving average price of GBX 733.07. The firm has a market cap of £684.56 million, a PE ratio of 10.40 and a beta of 0.73.

Insider Buying and Selling

In related news, insider Patricia Lewis bought 219 shares of the company’s stock in a transaction that occurred on Friday, January 3rd. The shares were bought at an average price of GBX 712 ($9.22) per share, for a total transaction of £1,559.28 ($2,018.75). 1.50% of the stock is currently owned by insiders.

About The Baillie Gifford Japan Trust

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.