Baillie Gifford European Growth Trust (LON:BGEU) Shares Down 2.7% - Should You Sell?

Baillie Gifford European Growth Trust plc (LON:BGEU - Get Free Report)'s stock price dropped 2.7% during trading on Monday . The stock traded as low as GBX 91.50 ($1.20) and last traded at GBX 91.60 ($1.20). Approximately 239,841 shares traded hands during trading, a decline of 57% from the average daily volume of 551,912 shares. The stock had previously closed at GBX 94.10 ($1.23).

Baillie Gifford European Growth Trust Stock Down 4.5 %

The company has a market capitalization of £297.67 million, a price-to-earnings ratio of 6.53 and a beta of 1.06. The company has a 50 day simple moving average of GBX 96.52 and a 200 day simple moving average of GBX 90.57.

Baillie Gifford European Growth Trust Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, February 14th. Investors of record on Thursday, January 9th were 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 was Thursday, January 9th. This represents a yield of 0.71%. Baillie Gifford European Growth Trust's dividend payout ratio (DPR) is presently 7.58%.

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.