Baillie Gifford US Growth (LON:USA) Sets New 1-Year High – Here’s Why

Baillie Gifford US Growth (LON:USA) shares reached a new 52-week high on Thursday. The company traded as high as GBX 398 and last traded at GBX 396, with a volume of 1,504,217 shares traded. The stock had previously closed at GBX 396.

Baillie Gifford US Growth Stock Down 0.3%

The company’s 50-day moving average is GBX 350.61 and its 200-day moving average is GBX 331.93. The stock has a market capitalization of £1.08 billion, a price-to-earnings ratio of 4.78 and a beta of 0.62.

Baillie Gifford US Growth (LON:USA) last posted its quarterly earnings results on Friday, September 18th. The company reported GBX (2.58) earnings per share 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.