Baillie Gifford China Growth Trust (LON:BGCG) Posts Earnings Results

Baillie Gifford China Growth Trust (LON:BGCG) released its quarterly earnings results on Wednesday. The company reported GBX 2.98 EPS for the quarter, Digital Look Earnings reports. Baillie Gifford China Growth Trust had a return on equity of 30.93% and a net margin of 96.10%.The company had revenue of GBX 304 million during the quarter.

Baillie Gifford China Growth Trust Trading Down 3.0%

Shares of LON:BGCG traded down GBX 9 during trading on Thursday, hitting GBX 292. The company had a trading volume of 29,659 shares, compared to its average volume of 163,879. The stock has a market cap of £166.96 million, a price-to-earnings ratio of 3.46 and a beta of 0.63. Baillie Gifford China Growth Trust has a one year low of GBX 215.63 and a one year high of GBX 328. The company has a fifty day simple moving average of GBX 307.12 and a two-hundred day simple moving average of GBX 309.51. The company has a debt-to-equity ratio of 4.66, a current ratio of 1.57 and a quick ratio of 0.38.

Insider Buying and Selling at Baillie Gifford China Growth Trust

In related news, insider Sarah MacAulay bought 33,000 shares of the business’s stock in a transaction dated Friday, January 23rd. The shares were purchased at an average price of GBX 318 per share, with a total value of £104,940. Corporate insiders own 0.82% of the company’s stock.

Baillie Gifford China Growth Trust Company Profile

The Trust aims to produce long term capital growth by investing in an actively managed portfolio of Chinese companies. Up to a maximum of 20% of assets may be invested in companies not listed on a public market (measured at time of purchase). We invest on a long-term (5 year) perspective, and have a strong preference for growth. We are looking for significant upside in each stock that we invest in. The process is driven by rigorous, fundamental, bottom-up analysis undertaken by our dedicated emerging markets team, with input from our China office.