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

The Baillie Gifford Japan Trust (LON:BGFD) issued its quarterly earnings data on Wednesday. The company reported GBX 7.47 earnings per share (EPS) for the quarter, Digital Look Earnings reports. The Baillie Gifford Japan Trust had a return on equity of 19.34% and a net margin of 158.45%. The business had revenue of GBX 1,446 million for the quarter.

The Baillie Gifford Japan Trust Trading Down 0.8%

BGFD traded down GBX 7.92 during trading on Wednesday, hitting GBX 1,048.08. 94,184 shares of the stock were exchanged, compared to its average volume of 458,147. 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 firm has a 50 day simple moving average of GBX 1,071.19 and a 200 day simple moving average of GBX 974.93. The firm has a market cap of £670.98 million, a price-to-earnings ratio of 5.55 and a beta of 0.98. The Baillie Gifford Japan Trust has a 1 year low of GBX 811.10 and a 1 year high of GBX 1,114.

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.