Baillie Gifford UK Growth Trust (LON:BGUK) Shares Down 0.6% – Here’s What Happened

Posted by ABMN Staff on Nov 27th, 2024

Baillie Gifford UK Growth Trust plc (LON:BGUK – Get Free Report) shares were down 0.6% during mid-day trading on Tuesday . The company traded as low as GBX 175.50 ($2.21) and last traded at GBX 176 ($2.21). Approximately 351,597 shares were traded during mid-day trading, an increase of 39% from the average daily volume of 253,497 shares. The stock had previously closed at GBX 177 ($2.23).

Baillie Gifford UK Growth Trust Stock Performance

The company has a quick ratio of 0.48, a current ratio of 0.24 and a debt-to-equity ratio of 6.21. The company has a market cap of £255.08 million, a PE ratio of 16,950.00 and a beta of 1.04. The business’s fifty day moving average is GBX 177.13 and its 200-day moving average is GBX 174.93.

Insiders Place Their Bets

In other news, insider Cathy Pitt bought 11,125 shares of the firm’s stock in a transaction on Tuesday, September 24th. The shares were bought at an average price of GBX 179 ($2.25) per share, for a total transaction of £19,913.75 ($25,033.00). Also, insider Neil Rogan bought 5,726 shares of the firm’s stock in a transaction on Friday, September 6th. The shares were purchased at an average price of GBX 173 ($2.17) per share, for a total transaction of £9,905.98 ($12,452.52). 3.18% of the stock is owned by company insiders.

About Baillie Gifford UK Growth Trust

(Get Free Report)

Baillie Gifford UK Growth Trust plc is a closed-ended equity mutual fund launched and managed by Schroder Unit Trusts Ltd. The fund is co-managed by Schroder Investment Management Limited. It invests in the public equity markets of the United Kingdom. The fund seeks to invest in value stocks of companies operating across diversified sectors.