Baillie Gifford European Growth Trust (LON:BGEU) Hits New 12-Month High – Still a Buy?

Baillie Gifford European Growth Trust plc (LON:BGEUGet Free Report) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 118.50 and last traded at GBX 118.50, with a volume of 420841 shares. The stock had previously closed at GBX 116.50.

Baillie Gifford European Growth Trust Price Performance

The company has a debt-to-equity ratio of 18.22, a current ratio of 1.03 and a quick ratio of 4.20. The firm has a market capitalization of £349.65 million, a price-to-earnings ratio of 88.43 and a beta of 1.38. The business’s fifty day simple moving average is GBX 110.57 and its 200 day simple moving average is GBX 104.66.

Baillie Gifford European Growth Trust Company Profile

(Get Free Report)

The European Investment Trust plc is a closed ended equity mutual fund launched and managed by Edinburgh Partners AIFM Limited. The fund is co-managed by Edinburgh Partners Limited. It invests in public equity markets of Europe, excluding the United Kingdom. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in value stocks of companies. The fund employs fundamental analysis with a bottom-up stock selection approach, focusing on companies which seek to benefit from restructuring, cost cutting, and other profitability improvements to create its portfolio.

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