Baillie Gifford UK Growth Trust (LON:BGUK) Sets New 1-Year High – Here’s Why

Baillie Gifford UK Growth Trust plc (LON:BGUK)’s share price reached a new 52-week high on Tuesday . The stock traded as high as GBX 183.50 ($2.26) and last traded at GBX 183 ($2.26), with a volume of 207577 shares trading hands. The stock had previously closed at GBX 181.50 ($2.24).

Baillie Gifford UK Growth Trust Price Performance

The company has a debt-to-equity ratio of 6.21, a current ratio of 0.24 and a quick ratio of 0.48. The stock has a market cap of £265.22 million, a price-to-earnings ratio of 16,950.00 and a beta of 1.04. The stock has a fifty day moving average of GBX 177.92 and a 200 day moving average of GBX 176.59.

Insider Buying and Selling

In other news, insider Ruary Neill purchased 8,368 shares of the stock in a transaction dated Monday, December 2nd. The stock was acquired at an average cost of GBX 179 ($2.21) per share, for a total transaction of £14,978.72 ($18,469.45). 3.18% of the stock is currently owned by insiders.

About Baillie Gifford UK Growth Trust

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.