Baillie Gifford UK Growth Trust (LON:BGUK) Reaches New 12-Month High – Still a Buy?

Baillie Gifford UK Growth Trust plc (LON:BGUK)’s stock price reached a new 52-week high on Monday . The stock traded as high as GBX 223 and last traded at GBX 220, with a volume of 24376 shares. The stock had previously closed at GBX 220.

Baillie Gifford UK Growth Trust Stock Performance

The stock has a 50 day moving average price of GBX 212.51 and a two-hundred day moving average price of GBX 205.17. The company has a market cap of £234.69 million, a P/E ratio of 7.55 and a beta of 0.95. The company has a quick ratio of 0.48, a current ratio of 0.17 and a debt-to-equity ratio of 9.92.

Baillie Gifford UK Growth Trust (LON:BGUK) last announced its earnings results on Friday, June 26th. The company reported GBX 6.23 EPS for the quarter. The company had revenue of GBX 889 million for the quarter. Baillie Gifford UK Growth Trust had a net margin of 91.43% and a return on equity of 13.49%.

Insiders Place Their Bets

In related news, insider Seema Paterson bought 10,000 shares of the business’s stock in a transaction dated Tuesday, June 30th. The stock was purchased at an average cost of GBX 213 per share, for a total transaction of £21,300. 0.47% of the stock is owned by corporate insiders.

Baillie Gifford UK Growth Trust Company Profile

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.