Baillie Gifford Shin Nippon (LON:BGS) Posts Earnings Results

Baillie Gifford Shin Nippon (LON:BGS) issued its quarterly earnings results on Thursday. The company reported GBX 0.53 earnings per share for the quarter, Digital Look Earnings reports. Baillie Gifford Shin Nippon had a net margin of 251.87% and a return on equity of 21.47%.

Baillie Gifford Shin Nippon Price Performance

Shares of BGS stock traded down GBX 1 during mid-day trading on Friday, hitting GBX 172.40. 1,141,763 shares of the stock traded hands, compared to its average volume of 889,176. The company has a debt-to-equity ratio of 14.84, a quick ratio of 3.66 and a current ratio of 0.16. The firm has a market cap of £331.23 million, a price-to-earnings ratio of 34.55 and a beta of 0.83. The company’s 50-day simple moving average is GBX 167.24 and its 200-day simple moving average is GBX 156.80. Baillie Gifford Shin Nippon has a twelve month low of GBX 123.05 and a twelve month high of GBX 176.

About Baillie Gifford Shin Nippon

The Trust aims to achieve long-term capital growth principally through investment in small Japanese companies which are believed to have above-average prospects for capital growth. We invest in 40–80 attractively valued smaller companies that we believe offer good growth opportunities. The Trust is actively managed and will primarily consist of listed companies although up to 10% of total assets can be invested, at the time of initial investment, in unlisted investments, including private companies.