Baillie Gifford UK Growth Trust (LON:BGUK) Sets New 1-Year High – Should You Buy?

Baillie Gifford UK Growth Trust plc (LON:BGUK)’s share price hit a new 52-week high during trading on Friday . The stock traded as high as GBX 223 and last traded at GBX 213, with a volume of 129426 shares changing hands. The stock had previously closed at GBX 214.

Baillie Gifford UK Growth Trust Stock Performance

The firm has a market cap of £227.22 million, a PE ratio of 7.31 and a beta of 0.95. The company has a 50 day simple moving average of GBX 209.78 and a 200-day simple moving average of GBX 204. The company has a debt-to-equity ratio of 9.92, a current ratio of 0.16 and a quick ratio of 0.48.

Baillie Gifford UK Growth Trust (LON:BGUK) last posted its quarterly earnings results on Friday, June 26th. The company reported GBX 6.23 EPS for the quarter. The firm had revenue of GBX 889 million for the quarter. Baillie Gifford UK Growth Trust had a net margin of 91.43% and a return on equity of 13.49%.

Insider Buying and Selling

In other Baillie Gifford UK Growth Trust news, insider Seema Paterson purchased 10,000 shares of the stock in a transaction on Tuesday, June 30th. The stock was acquired at an average cost of GBX 213 per share, with a total value of £21,300. 0.47% of the stock is currently owned by insiders.

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.