Baillie Gifford US Growth (LON:USA) Trading Down 3.8% – Should You Sell?

Baillie Gifford US Growth (LON:USA)’s share price fell 3.8% during mid-day trading on Friday . The company traded as low as GBX 194.17 ($2.50) and last traded at GBX 202 ($2.61). 3,437,083 shares were traded during trading, an increase of 64% from the average session volume of 2,098,118 shares. The stock had previously closed at GBX 210 ($2.71).

Baillie Gifford US Growth Stock Performance

The company’s 50-day moving average price is GBX 246.08 and its 200 day moving average price is GBX 246.45. The stock has a market cap of £576.48 million and a PE ratio of 6.86.

Baillie Gifford US Growth (LON:USA) last announced its earnings results on Tuesday, January 21st. The company reported GBX (1.16) (($0.01)) EPS for the quarter. Baillie Gifford US Growth had a net margin of 93.74% and a return on equity of 14.55%.

Insiders Place Their Bets

In other news, insider Susan Inglis purchased 6,750 shares of the stock in a transaction on Thursday, March 13th. The shares were acquired at an average price of GBX 228 ($2.94) per share, with a total value of £15,390 ($19,852.94). Company insiders own 1.35% of the company’s stock.

About Baillie Gifford US Growth

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.