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

Baillie Gifford UK Growth Trust plc (LON:BGUK)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 196.50 ($2.48) and last traded at GBX 195 ($2.46), with a volume of 288962 shares changing hands. The stock had previously closed at GBX 195.50 ($2.47).

Baillie Gifford UK Growth Trust Trading Down 0.3 %

The stock has a market cap of £264.89 million, a PE ratio of 5.00 and a beta of 1.04. The firm has a 50-day simple moving average of GBX 184.10 and a 200-day simple moving average of GBX 179.21. The company has a quick ratio of 0.48, a current ratio of 0.29 and a debt-to-equity ratio of 8.46.

Insiders Place Their Bets

In related news, insider Ruary Neill bought 8,368 shares of the company’s stock in a transaction on Monday, December 2nd. The shares were purchased at an average price of GBX 179 ($2.26) per share, for a total transaction of £14,978.72 ($18,895.82). Also, insider Neil Rogan bought 20,335 shares of the company’s stock in a transaction on Thursday, February 6th. The shares were bought at an average price of GBX 196 ($2.47) per share, for a total transaction of £39,856.60 ($50,279.55). Insiders have purchased a total of 38,703 shares of company stock worth $7,393,532 over the last 90 days. Corporate insiders own 3.18% of the company’s stock.

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.