The Baillie Gifford Japan Trust (LON:BGFD) Hits New 1-Year High – Time to Buy?

The Baillie Gifford Japan Trust PLC (LON:BGFD) reached a new 52-week high on Monday . The stock traded as high as GBX 1,092 and last traded at GBX 1,090, with a volume of 26121 shares changing hands. The stock had previously closed at GBX 1,074.09.

The Baillie Gifford Japan Trust Price Performance

The company has a quick ratio of 0.14, a current ratio of 0.14 and a debt-to-equity ratio of 7.29. The stock has a market capitalization of £696.04 million, a PE ratio of 5.69 and a beta of 0.99. The company has a 50-day moving average of GBX 1,036.04 and a 200 day moving average of GBX 961.47.

The Baillie Gifford Japan Trust Company Profile

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.