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

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

Baillie Gifford UK Growth Trust Trading Down 1.4%

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 firm has a 50-day moving average of GBX 203.56 and a 200-day moving average of GBX 202.80. The firm has a market capitalization of £238.97 million, a P/E ratio of 7.31 and a beta of 1.04.

Insider Activity

In other news, insider Neil Rogan bought 45,354 shares of the firm’s stock in a transaction that occurred 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. Corporate insiders own 0.42% of the company’s stock.

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.