Baillie Gifford US Growth (LON:USA) Sets New 1-Year High – Time to Buy?

Baillie Gifford US Growth (LON:USA)’s stock price hit a new 52-week high during trading on Thursday. The stock traded as high as GBX 386.21 and last traded at GBX 378, with a volume of 4116598 shares changing hands. The stock had previously closed at GBX 379.

Baillie Gifford US Growth Stock Performance

The firm has a market cap of £1.05 billion, a price-to-earnings ratio of 19.18 and a beta of 0.62. The business’s 50-day moving average is GBX 335.53 and its 200-day moving average is GBX 324.59.

Baillie Gifford US Growth (LON:USA) last announced its quarterly earnings results on Friday, September 18th. The company reported GBX (2.58) earnings per share (EPS) for the quarter. Baillie Gifford US Growth had a net margin of 96.49% and a return on equity of 25.27%.

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.