Baillie Gifford European Growth Trust (LON:BGEU) Sets New 1-Year Low - Should You Sell?

Baillie Gifford European Growth Trust plc (LON:BGEU - Get Free Report) hit a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 83 ($1.04) and last traded at GBX 84.50 ($1.06), with a volume of 1096205 shares changing hands. The stock had previously closed at GBX 84.10 ($1.05).

Baillie Gifford European Growth Trust Trading Up 0.5 %

The company has a quick ratio of 4.20, a current ratio of 4.16 and a debt-to-equity ratio of 12.89. The company has a market capitalization of £298.62 million, a P/E ratio of 1,207.14 and a beta of 1.06. The firm's 50-day moving average price is GBX 86.48 and its 200 day moving average price is GBX 91.10.

Baillie Gifford European Growth Trust Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, February 14th. Shareholders of record on Thursday, January 9th will be issued a dividend of GBX 0.60 ($0.01) per share. This is a positive change from Baillie Gifford European Growth Trust's previous dividend of $0.40. This represents a yield of 0.71%. The ex-dividend date is Thursday, January 9th. Baillie Gifford European Growth Trust's payout ratio is currently 1,428.57%.

Insider Activity

In other news, insider Andrew Watkins bought 10,000 shares of the company's stock in a transaction on Friday, November 22nd. The shares were purchased at an average price of GBX 85 ($1.07) per share, with a total value of £8,500 ($10,655.63). Also, insider David Barron bought 20,600 shares of Baillie Gifford European Growth Trust stock in a transaction dated Monday, December 9th. The stock was acquired at an average cost of GBX 87 ($1.09) per share, with a total value of £17,922 ($22,467.09). Corporate insiders own 6.90% of the company's stock.

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.