Baillie Gifford UK Growth Trust (LON:BGUK) Hits New 12-Month High – Here’s What Happened

Baillie Gifford UK Growth Trust plc (LON:BGUK) shares hit a new 52-week high during trading on Thursday . The stock traded as high as GBX 211 and last traded at GBX 209, with a volume of 74335 shares traded. The stock had previously closed at GBX 207.

Baillie Gifford UK Growth Trust Trading Up 1.0%

The business has a 50 day simple moving average of GBX 203.93 and a 200 day simple moving average of GBX 203.03. The company has a debt-to-equity ratio of 8.46, a current ratio of 0.29 and a quick ratio of 0.48. The company has a market cap of £241.28 million, a price-to-earnings ratio of 7.38 and a beta of 1.04.

Insiders Place Their Bets

In related news, insider Neil Rogan bought 45,354 shares of the company’s stock in a transaction on Tuesday, December 2nd. The stock was bought at an average cost of GBX 204 per share, with a total value of £92,522.16. Insiders own 0.42% of the company’s stock.

About Baillie Gifford UK Growth Trust

The Trust aims to achieve capital growth predominantly from investment in UK listed equities, with the aim of providing a total return in excess of the FTSE All-Share Index. Investments are made with a five year investment horizon and the portfolio is relatively concentrated with between 35 – 65 companies. 10% of the total asset value of the Trust can be invested, at the time of initial investment, in private companies. Sector and industry weightings are a consequence of the index agnostic approach to stock selection.