Baillie Gifford US Growth (LON:USA) Shares Up 0.8% – What’s Next?

Baillie Gifford US Growth (LON:USA)’s share price shot up 0.8% during trading on Tuesday . The stock traded as high as GBX 317.50 and last traded at GBX 316.50. 3,012,794 shares traded hands during mid-day trading, an increase of 190% from the average daily volume of 1,038,979 shares. The stock had previously closed at GBX 314.

Baillie Gifford US Growth Price Performance

The business has a 50 day moving average price of GBX 329.95 and a 200 day moving average price of GBX 309.07. The stock has a market capitalization of £864.76 million, a PE ratio of 15.77 and a beta of 0.69.

Baillie Gifford US Growth Company Profile

The Trust aims to produce long-term capital growth by investing predominantly in equities of companies which are incorporated, domiciled or conducting a significant portion of their business in the United States of America. The maximum amount which may be invested directly in private companies shall not exceed 50% of the total assets of the Company, measured at the time of investment. We are bottom-up, growth investors with a long-term horizon. The portfolio consists of direct holdings in listed securities and private companies in up to a combined maximum of 90 companies or funds, typically with 30 or more listed security holdings.