Baillie Gifford European Growth Trust (LON:BGEU) Stock Price Down 3% - Should You Sell?

Baillie Gifford European Growth Trust plc (LON:BGEU - Get Free Report) shares fell 3% during trading on Monday . The company traded as low as GBX 95.70 ($1.24) and last traded at GBX 95.70 ($1.24). 277,275 shares traded hands during trading, a decline of 51% from the average session volume of 571,138 shares. The stock had previously closed at GBX 98.70 ($1.28).

Baillie Gifford European Growth Trust Trading Up 2.2 %

The stock has a 50-day simple moving average of GBX 94.41 and a 200 day simple moving average of GBX 90.14. The company has a market cap of £336.39 million, a price-to-earnings ratio of 7.37 and a beta of 1.06.

Baillie Gifford European Growth Trust Increases Dividend

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

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.