Baillie Gifford European Growth Trust (LON:BGEU) Reaches New 12-Month High - Time to Buy?

Baillie Gifford European Growth Trust plc (LON:BGEU - Get Free Report)'s stock price hit a new 52-week high on Monday . The company traded as high as GBX 101.80 ($1.29) and last traded at GBX 101.80 ($1.29), with a volume of 423325 shares traded. The stock had previously closed at GBX 99.50 ($1.26).

Baillie Gifford European Growth Trust Stock Down 0.6 %

The business has a 50-day moving average price of GBX 90.35 and a two-hundred day moving average price of GBX 89.58. The company has a market capitalization of £349.19 million, a price-to-earnings ratio of 7.65 and a beta of 1.06.

Baillie Gifford European Growth Trust (LON:BGEU - Get Free Report) last released its quarterly earnings results on Tuesday, November 26th. The company reported GBX 0.72 ($0.01) EPS for the quarter. Baillie Gifford European Growth Trust had a return on equity of 12.17% and a net margin of 96.85%.

Baillie Gifford European Growth Trust Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, February 14th. Shareholders of record on Thursday, January 9th were paid a GBX 0.60 ($0.01) dividend. This represents a yield of 0.71%. The ex-dividend date of this dividend was Thursday, January 9th. This is an increase from Baillie Gifford European Growth Trust's previous dividend of $0.40. Baillie Gifford European Growth Trust's dividend payout ratio is 7.58%.

Insider Transactions at Baillie Gifford European Growth Trust

In other news, insider Andrew Watkins purchased 10,000 shares of the stock in a transaction dated Friday, November 22nd. The shares were purchased at an average cost of GBX 85 ($1.08) per share, with a total value of £8,500 ($10,770.40). Also, insider David Barron acquired 20,600 shares of the business's stock in a transaction dated Monday, December 9th. The stock was purchased at an average price of GBX 87 ($1.10) per share, with a total value of £17,922 ($22,709.07). 6.90% of the stock is owned by corporate insiders.

About Baillie Gifford European Growth Trust

The European Investment Trust plc is a closed ended equity mutual fund launched and managed by Edinburgh Partners AIFM Limited. The fund is co-managed by Edinburgh Partners Limited. It invests in public equity markets of Europe, excluding the United Kingdom. The fund seeks to invest in stocks of companies operating across diversified sectors.