The Baillie Gifford Japan Trust PLC (LON:BGFD – Get Free Report)’s share price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 732.70 ($9.45) and traded as low as GBX 660 ($8.51). The Baillie Gifford Japan Trust shares last traded at GBX 681 ($8.78), with a volume of 334,230 shares traded.
The Baillie Gifford Japan Trust Price Performance
The stock has a 50 day simple moving average of GBX 759.55 and a two-hundred day simple moving average of GBX 732.70. The company has a market cap of £621.58 million, a price-to-earnings ratio of 9.44 and a beta of 0.73.
The Baillie Gifford Japan Trust (LON:BGFD – Get Free Report) last posted its quarterly earnings results on Friday, March 28th. The company reported GBX 3.41 ($0.04) EPS for the quarter. The Baillie Gifford Japan Trust had a return on equity of 8.49% and a net margin of 94.64%.
About The Baillie Gifford Japan Trust
The Trust aims to pursue long-term capital growth principally through investment in medium to smaller sized Japanese companies which are believed to have above average prospects for growth. We invest in a spread of 40–70 companies, predominantly medium and smaller sized, that we believe offer good growth opportunities.
Growth may come from innovative business models, disrupting traditional Japanese practices or market opportunities, such as growth from overseas.
We aim to take a three to five year view and the Trust is managed by looking at the underlying investments rather than the benchmark which is TOPIX total return.
Further Reading
- Five stocks we like better than The Baillie Gifford Japan Trust
- A Deeper Look at Bid-Ask Spreads
- Archer Aviation’s Africa Deal Could Boost ACHR Stock
- Stock Splits, Do They Really Impact Investors?
- Are Short Sellers Wrong About These 3 Semiconductor Stocks?
- Using the MarketBeat Stock Split Calculator
- Boeing Gets $50B in March Orders—Is BA Stock a Buy Now?
Receive News & Ratings for The Baillie Gifford Japan Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Baillie Gifford Japan Trust and related companies with MarketBeat.com's FREE daily email newsletter.