Baillie Gifford Shin Nippon (LON:BGS) Share Price Crosses Above Fifty Day Moving Average - Should You Sell?

Baillie Gifford Shin Nippon PLC (LON:BGS - Get Free Report) shares passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 113.76 ($1.41) and traded as high as GBX 117.40 ($1.46). Baillie Gifford Shin Nippon shares last traded at GBX 115.60 ($1.43), with a volume of 371,598 shares changing hands.

Baillie Gifford Shin Nippon Trading Down 1.4 %

The company has a quick ratio of 3.66, a current ratio of 0.13 and a debt-to-equity ratio of 20.31. The business's 50-day simple moving average is GBX 114.14 and its two-hundred day simple moving average is GBX 113.89. The firm has a market capitalization of £345.91 million, a price-to-earnings ratio of -593.45 and a beta of 0.60.

Baillie Gifford Shin Nippon Company Profile

The Trust aims to achieve long-term capital growth principally through investment in small Japanese companies which are believed to have above-average prospects for capital growth. We invest in 40–80 attractively valued smaller companies that we believe offer good growth opportunities. The Trust is actively managed and will primarily consist of listed companies although up to 10% of total assets can be invested, at the time of initial investment, in unlisted investments, including private companies.