Baillie Gifford Shin Nippon (LON:BGS) Share Price Passes Above 50-Day Moving Average – Should You Sell?

Baillie Gifford Shin Nippon PLC (LON:BGSGet Free Report)’s share price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 114.76 ($1.45) and traded as high as GBX 118.40 ($1.50). Baillie Gifford Shin Nippon shares last traded at GBX 118.40 ($1.50), with a volume of 1,113,041 shares traded.

Baillie Gifford Shin Nippon Stock Performance

The firm has a market capitalization of £327.74 million, a PE ratio of -5.94 and a beta of 0.60. The company has a debt-to-equity ratio of 20.31, a current ratio of 0.13 and a quick ratio of 3.66. The company’s fifty day simple moving average is GBX 114.85 and its 200 day simple moving average is GBX 114.26.

About Baillie Gifford Shin Nippon

(Get Free Report)

The Trust aims to achieve long-term capital growth principally through investment in small Japanese companies which are believed to have above-average prospects for capital growth. We invest in 40–80 attractively valued smaller companies that we believe offer good growth opportunities. The Trust is actively managed and will primarily consist of listed companies although up to 10% of total assets can be invested, at the time of initial investment, in unlisted investments, including private companies.

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