The Baillie Gifford Japan Trust (LON:BGFD) Reaches New 12-Month High – Should You Buy?

The Baillie Gifford Japan Trust PLC (LON:BGFD)’s share price hit a new 52-week high during trading on Friday. The stock traded as high as GBX 1,106.10 and last traded at GBX 1,102.30, with a volume of 130971 shares trading hands. The stock had previously closed at GBX 1,090.

The Baillie Gifford Japan Trust Price Performance

The firm has a fifty day moving average of GBX 1,063.91 and a two-hundred day moving average of GBX 983.49. The stock has a market capitalization of £709.06 million, a P/E ratio of 5.80 and a beta of 0.99. The company has a debt-to-equity ratio of 7.29, a current ratio of 0.14 and a quick ratio of 0.14.

About The Baillie Gifford Japan Trust

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.