Baillie Gifford UK Growth Trust (LON:BGUK) Hits New 12-Month High – Should You Buy?

Baillie Gifford UK Growth Trust plc (LON:BGUK) shares hit a new 52-week high on Thursday . The stock traded as high as GBX 211 and last traded at GBX 210, with a volume of 151256 shares. The stock had previously closed at GBX 208.

Baillie Gifford UK Growth Trust Price Performance

The company has a 50-day moving average of GBX 203.23 and a 200-day moving average of GBX 202.69. The company has a debt-to-equity ratio of 8.46, a quick ratio of 0.48 and a current ratio of 0.29. The stock has a market cap of £242.44 million, a price-to-earnings ratio of 7.41 and a beta of 1.04.

Insiders Place Their Bets

In other news, insider Neil Rogan acquired 45,354 shares of the company’s stock in a transaction on Tuesday, December 2nd. The shares were bought at an average cost of GBX 204 per share, with a total value of £92,522.16. 0.42% of the stock is currently owned by company insiders.

Baillie Gifford UK Growth Trust Company Profile

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.