Baillie Gifford UK Growth Trust (LON:BGUK) Sets New 1-Year High – What’s Next?

Baillie Gifford UK Growth Trust plc (LON:BGUKGet Free Report)’s share price reached a new 52-week high during trading on Wednesday . The company traded as high as GBX 212 and last traded at GBX 211, with a volume of 303211 shares traded. The stock had previously closed at GBX 207.

Baillie Gifford UK Growth Trust Price Performance

The stock has a market cap of £227.48 million, a price-to-earnings ratio of 7.41 and a beta of 1.37. The business’s fifty day simple moving average is GBX 197.90 and its 200 day simple moving average is GBX 201.82.

Insider Transactions at Baillie Gifford UK Growth Trust

In related news, insider Cathy Pitt bought 5,014 shares of the business’s stock in a transaction on Thursday, March 5th. The shares were bought at an average cost of GBX 198 per share, for a total transaction of £9,927.72. Insiders own 0.44% of the company’s stock.

Baillie Gifford UK Growth Trust Company Profile

(Get Free Report)

The Trust aims to achieve capital growth predominantly from investment in UK listed equities, with the aim of providing a total return in excess of the FTSE All-Share Index. Investments are made with a five year investment horizon and the portfolio is relatively concentrated with between 35 – 65 companies. 10% of the total asset value of the Trust can be invested, at the time of initial investment, in private companies. Sector and industry weightings are a consequence of the index agnostic approach to stock selection.

Further Reading

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