Baillie Gifford Shin Nippon (LON:BGS) Stock Price Crosses Below Fifty Day Moving Average – Should You Sell?

Baillie Gifford Shin Nippon PLC (LON:BGSGet Free Report) passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 129.31 and traded as low as GBX 128.20. Baillie Gifford Shin Nippon shares last traded at GBX 130, with a volume of 242,357 shares.

Baillie Gifford Shin Nippon Stock Down 0.5%

The company has a current ratio of 0.13, a quick ratio of 3.66 and a debt-to-equity ratio of 20.31. The business has a fifty day moving average price of GBX 129.31 and a two-hundred day moving average price of GBX 129.32. The company has a market cap of £319.23 million, a price-to-earnings ratio of 50.93 and a beta of 0.60.

About Baillie Gifford Shin Nippon

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The Trust aims to achieve long-term capital growth principally through investment in small Japanese companies which are believed to have above-average prospects for capital growth. We invest in 40–80 attractively valued smaller companies that we believe offer good growth opportunities. The Trust is actively managed and will primarily consist of listed companies although up to 10% of total assets can be invested, at the time of initial investment, in unlisted investments, including private companies.

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