The Baillie Gifford Japan Trust (LON:BGFD) Issues Quarterly Earnings Results

The Baillie Gifford Japan Trust (LON:BGFD) released its quarterly earnings data on Tuesday. The company reported GBX 7.32 EPS for the quarter, Digital Look Earnings reports. The Baillie Gifford Japan Trust had a net margin of 94.64% and a return on equity of 8.49%.

The Baillie Gifford Japan Trust Stock Down 0.3%

Shares of BGFD opened at GBX 936.17 on Thursday. The business’s 50-day moving average price is GBX 915.38 and its 200-day moving average price is GBX 823.91. The Baillie Gifford Japan Trust has a twelve month low of GBX 623.45 and a twelve month high of GBX 955. The stock has a market cap of £723.25 million, a PE ratio of 54.27 and a beta of 0.73.

Insider Buying and Selling at The Baillie Gifford Japan Trust

In related news, insider Simon Davis purchased 895 shares of the firm’s stock in a transaction dated Monday, July 28th. The shares were purchased at an average cost of GBX 838 per share, for a total transaction of £7,500.10. 0.20% of the stock is currently owned by corporate insiders.

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.