The Baillie Gifford Japan Trust (LON:BGFD) Reaches New 52-Week High – Time to Buy?

Shares of The Baillie Gifford Japan Trust PLC (LON:BGFD) reached a new 52-week high on Friday . The company traded as high as GBX 972 and last traded at GBX 970, with a volume of 201170 shares trading hands. The stock had previously closed at GBX 955.

The Baillie Gifford Japan Trust Stock Up 1.3%

The stock has a 50 day simple moving average of GBX 892.84 and a two-hundred day simple moving average of GBX 901.15. The stock has a market capitalization of £666.82 million, a P/E ratio of 5.12 and a beta of 0.99.

The Baillie Gifford Japan Trust (LON:BGFD) last posted its quarterly earnings results on Thursday, April 2nd. The company reported GBX 3.03 earnings per share for the quarter. The firm had revenue of GBX 680 million during the quarter. The Baillie Gifford Japan Trust had a return on equity of 19.34% and a net margin of 158.45%.

The Baillie Gifford Japan Trust Company Profile

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.