The Baillie Gifford Japan Trust (LON:BGFD) Shares Pass Above 50 Day Moving Average – Time to Sell?

The Baillie Gifford Japan Trust PLC (LON:BGFD) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 725.15 ($9.00) and traded as high as GBX 775 ($9.61). The Baillie Gifford Japan Trust shares last traded at GBX 775 ($9.61), with a volume of 128,991 shares trading hands.

The Baillie Gifford Japan Trust Stock Up 0.1 %

The firm’s 50 day moving average price is GBX 725.15 and its two-hundred day moving average price is GBX 724.89. The company has a debt-to-equity ratio of 18.86, a current ratio of 0.18 and a quick ratio of 0.14. The firm has a market cap of £677.60 million, a price-to-earnings ratio of 3,695.24 and a beta of 0.73.

Insider Buying and Selling

In related news, insider Patricia Lewis acquired 219 shares of the firm’s stock in a transaction that occurred on Friday, January 3rd. The shares were purchased at an average price of GBX 712 ($8.83) per share, with a total value of £1,559.28 ($1,934.35). Corporate insiders own 1.50% of the company’s stock.

About The Baillie Gifford Japan Trust

The Trust aims to pursue long-term capital growth principally through investment in medium to smaller sized Japanese companies which are believed to have above average prospects for growth. We invest in a spread of 40–70 companies, predominantly medium and smaller sized, that we believe offer good growth opportunities.

Growth may come from innovative business models, disrupting traditional Japanese practices or market opportunities, such as growth from overseas.

We aim to take a three to five year view and the Trust is managed by looking at the underlying investments rather than the benchmark which is TOPIX total return.