Baillie Gifford European Growth Trust (LON:BGEU) Trading Down 0.5% - Time to Sell?

Baillie Gifford European Growth Trust plc (LON:BGEU - Get Free Report) was down 0.5% during trading on Tuesday . The company traded as low as GBX 94 ($1.17) and last traded at GBX 94.10 ($1.17). Approximately 826,298 shares traded hands during trading, an increase of 25% from the average daily volume of 658,528 shares. The stock had previously closed at GBX 94.60 ($1.17).

Baillie Gifford European Growth Trust Price Performance

The company has a 50 day moving average of GBX 88.21 and a 200 day moving average of GBX 89.28. The stock has a market capitalization of £337.85 million, a price-to-earnings ratio of 1,365.71 and a beta of 1.06. The company has a quick ratio of 4.20, a current ratio of 4.16 and a debt-to-equity ratio of 12.89.

Baillie Gifford European Growth Trust (LON:BGEU - Get Free Report) last issued 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 net margin of 92.44% and a return on equity of 6.44%.

Baillie Gifford European Growth Trust Increases Dividend

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

Insider Transactions at Baillie Gifford European Growth Trust

In other news, insider Andrew Watkins bought 10,000 shares of the firm's stock in a transaction dated Friday, November 22nd. The stock was acquired at an average cost of GBX 85 ($1.05) per share, for a total transaction of £8,500 ($10,544.60). Also, insider David Barron purchased 20,600 shares of the company's stock in a transaction that occurred on Monday, December 9th. The shares were purchased at an average cost of GBX 87 ($1.08) per share, for a total transaction of £17,922 ($22,232.97). Company insiders own 6.90% of the company's stock.

Baillie Gifford European Growth Trust Company Profile

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.