Baillie Gifford UK Growth Trust (LON:BGUK) Trading Up 1% – Time to Buy?

Shares of Baillie Gifford UK Growth Trust plc (LON:BGUK) traded up 1% on Friday . The company traded as high as GBX 214 and last traded at GBX 210. 185,655 shares changed hands during trading, a decline of 25% from the average session volume of 248,923 shares. The stock had previously closed at GBX 208.

Baillie Gifford UK Growth Trust Stock Up 1.0%

The company has a market cap of £225.98 million, a P/E ratio of 7.41 and a beta of 1.37. The business has a 50-day moving average price of GBX 205.79 and a two-hundred day moving average price of GBX 202.94.

About Baillie Gifford UK Growth Trust

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.