Baillie Gifford UK Growth Trust (LON:BGUK) Sets New 52-Week High - Time to Buy?

Shares of Baillie Gifford UK Growth Trust plc (LON:BGUK - Get Free Report) reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 196.50 ($2.48) and last traded at GBX 195 ($2.46), with a volume of 288962 shares trading hands. The stock had previously closed at GBX 195.50 ($2.47).

Baillie Gifford UK Growth Trust Trading Down 0.4 %

The firm has a market capitalization of £261.49 million, a price-to-earnings ratio of 4.93 and a beta of 1.04. The firm's 50 day moving average is GBX 184.86 and its 200 day moving average is GBX 179.51. The company has a quick ratio of 0.48, a current ratio of 0.29 and a debt-to-equity ratio of 8.46.

Insider Activity at Baillie Gifford UK Growth Trust

In other news, insider Neil Rogan purchased 20,335 shares of the business's stock in a transaction dated Thursday, February 6th. The shares were acquired at an average price of GBX 196 ($2.48) per share, for a total transaction of £39,856.60 ($50,355.78). Also, insider Ruary Neill purchased 8,368 shares of the business's stock in a transaction dated Monday, December 2nd. The shares were purchased at an average price of GBX 179 ($2.26) per share, for a total transaction of £14,978.72 ($18,924.47). Insiders acquired a total of 38,703 shares of company stock valued at $7,393,532 over the last ninety days. Insiders own 3.18% of the company's stock.

About Baillie Gifford UK Growth Trust

The Trust aims to achieve capital growth predominantly from investment in UK listed equities, with the aim of providing a total return in excess of the FTSE All-Share Index. Investments are made with a five year investment horizon and the portfolio is relatively concentrated with between 35 - 65 companies.