The Baillie Gifford Japan Trust (LON:BGFD) Issues Quarterly Earnings Results

The Baillie Gifford Japan Trust (LON:BGFD) released its earnings results on Friday. The company reported GBX 3.41 ($0.04) earnings per share (EPS) for the quarter, Digital Look Earnings reports. The Baillie Gifford Japan Trust had a net margin of 94.64% and a return on equity of 8.49%.

The Baillie Gifford Japan Trust Stock Down 1.6 %

Shares of BGFD traded down GBX 12 ($0.16) during mid-day trading on Friday, hitting GBX 750 ($9.71). The company had a trading volume of 77,629 shares, compared to its average volume of 415,776. The Baillie Gifford Japan Trust has a 1-year low of GBX 638.54 ($8.27) and a 1-year high of GBX 791 ($10.24). The business’s 50-day simple moving average is GBX 759.92 and its 200-day simple moving average is GBX 733.07. The stock has a market cap of £684.56 million, a PE ratio of 10.40 and a beta of 0.73.

Insiders Place Their Bets

In related news, insider Patricia Lewis bought 219 shares of the business’s stock in a transaction dated Friday, January 3rd. The shares were acquired at an average price of GBX 712 ($9.22) per share, for a total transaction of £1,559.28 ($2,018.75). 1.50% of the stock is currently owned by insiders.

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.