Baillie Gifford US Growth (LON:USA) Stock Price Up 1% – Here’s What Happened

Baillie Gifford US Growth (LON:USA) rose 1% during mid-day trading on Tuesday . The company traded as high as GBX 353.50 and last traded at GBX 349.30. Approximately 1,507,669 shares changed hands during trading, an increase of 58% from the average daily volume of 955,452 shares. The stock had previously closed at GBX 346.

Baillie Gifford US Growth Price Performance

The stock has a market cap of £966.60 million, a PE ratio of 17.63 and a beta of 0.62. The business has a fifty day moving average of GBX 328.62 and a 200 day moving average of GBX 319.61.

About Baillie Gifford US Growth

The Trust aims to produce long-term capital growth by investing predominantly in equities of companies which are incorporated, domiciled or conducting a significant portion of their business in the United States of America. The maximum amount which may be invested directly in private companies shall not exceed 50% of the total assets of the Company, measured at the time of investment. We are bottom-up, growth investors with a long-term horizon. The portfolio consists of direct holdings in listed securities and private companies in up to a combined maximum of 90 companies or funds, typically with 30 or more listed security holdings.