Shares of The Baillie Gifford Japan Trust PLC (LON:BGFD – Get Free Report) crossed below its fifty day moving average during trading on Monday. The stock has a fifty day moving average of GBX 1,073.22 and traded as low as GBX 1,050. The Baillie Gifford Japan Trust shares last traded at GBX 1,068, with a volume of 297,058 shares.
The Baillie Gifford Japan Trust Price Performance
The company has a 50-day moving average price of GBX 1,072.98 and a 200 day moving average price of GBX 1,004.20. The firm has a market capitalization of £678.61 million, a PE ratio of 5.61 and a beta of 0.98. The company has a debt-to-equity ratio of 7.29, a current ratio of 0.14 and a quick ratio of 0.14.
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.
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