The Baillie Gifford Japan Trust (LON:BGFD) Sets New 52-Week High – Still a Buy?

Shares of The Baillie Gifford Japan Trust PLC (LON:BGFD) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 1,092 and last traded at GBX 1,076, with a volume of 143829 shares changing hands. The stock had previously closed at GBX 1,080.

The Baillie Gifford Japan Trust Stock Down 0.1%

The stock has a fifty day moving average price of GBX 1,045.07 and a 200 day moving average price of GBX 967.98. The company has a debt-to-equity ratio of 7.29, a current ratio of 0.14 and a quick ratio of 0.14. The stock has a market capitalization of £705.82 million, a P/E ratio of 5.77 and a beta of 0.99.

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.