Baillie Gifford Shin Nippon (LON:BGS) Reaches New 1-Year Low at $115.20

Baillie Gifford Shin Nippon (LON:BGS) shares hit a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 115.20 ($1.43) and last traded at GBX 117.40 ($1.46), with a volume of 1479069 shares changing hands. The stock had previously closed at GBX 117 ($1.46).

Baillie Gifford Shin Nippon Stock Performance

The company has a quick ratio of 3.66, a current ratio of 0.12 and a debt-to-equity ratio of 17.93. The company has a 50 day simple moving average of GBX 122.06 and a 200-day simple moving average of GBX 123.69. The stock has a market capitalization of £349.25 million, a price-to-earnings ratio of -1,050.91 and a beta of 0.62.

Baillie Gifford Shin Nippon Announces Dividend

The company also recently announced a dividend, which will be paid on Thursday, May 30th. Stockholders of record on Thursday, April 18th will be given a dividend of GBX 0.80 ($0.01) per share. This represents a dividend yield of 0.65%. The ex-dividend date of this dividend is Thursday, April 18th.

Insider Transactions at Baillie Gifford Shin Nippon

In other news, insider Jamie Skinner bought 32,500 shares of the stock in a transaction dated Wednesday, April 3rd. The shares were bought at an average cost of GBX 118 ($1.47) per share, with a total value of £38,350 ($47,740.57). In related news, insider Kevin Troup purchased 10,000 shares of the firm’s stock in a transaction that occurred on Monday, March 25th. The stock was acquired at an average price of GBX 123 ($1.53) per share, for a total transaction of £12,300 ($15,311.84). Also, insider Jamie Skinner purchased 32,500 shares of the firm’s stock in a transaction that occurred on Wednesday, April 3rd. The shares were bought at an average price of GBX 118 ($1.47) per share, with a total value of £38,350 ($47,740.57). 0.32% of the stock is owned by insiders.

Baillie Gifford Shin Nippon Company Profile

Baillie Gifford Shin Nippon PLC is a closed-ended equity mutual fund launched and managed by Baillie Gifford & Co Ltd. It is co-managed by Baillie Gifford & Co The fund invests in the public equity markets of Japan. It seeks to invest in stocks of companies operating across diversified sectors.