Baillie Gifford Shin Nippon (LON:BGS) Hits New 12-Month High – Here’s Why

Baillie Gifford Shin Nippon PLC (LON:BGSGet Free Report) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 151.40 and last traded at GBX 148.80, with a volume of 247891 shares trading hands. The stock had previously closed at GBX 148.80.

Baillie Gifford Shin Nippon Stock Performance

The company has a quick ratio of 3.66, a current ratio of 0.13 and a debt-to-equity ratio of 20.31. The company has a market cap of £365.04 million, a P/E ratio of 58.58 and a beta of 0.60. The firm’s 50 day moving average is GBX 136.22 and its two-hundred day moving average is GBX 133.23.

About Baillie Gifford Shin Nippon

(Get Free Report)

The Trust aims to achieve long-term capital growth principally through investment in small Japanese companies which are believed to have above-average prospects for capital growth. We invest in 40–80 attractively valued smaller companies that we believe offer good growth opportunities. The Trust is actively managed and will primarily consist of listed companies although up to 10% of total assets can be invested, at the time of initial investment, in unlisted investments, including private companies.

Read More

Receive News & Ratings for Baillie Gifford Shin Nippon Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Baillie Gifford Shin Nippon and related companies with MarketBeat.com's FREE daily email newsletter.