The Baillie Gifford Japan Trust (LON:BGFD) Reaches New 52-Week High - Should You Buy?

The Baillie Gifford Japan Trust PLC (LON:BGFD - Get Free Report)'s share price hit a new 52-week high during trading on Monday . The stock traded as high as GBX 777 ($9.67) and last traded at GBX 777 ($9.67), with a volume of 29747 shares changing hands. The stock had previously closed at GBX 776 ($9.66).

The Baillie Gifford Japan Trust Stock Performance

The stock has a 50 day moving average of GBX 728.54 and a 200-day moving average of GBX 725.52. The company has a market cap of £707.37 million, a PE ratio of 10.75 and a beta of 0.73.

Insider Buying and Selling at The Baillie Gifford Japan Trust

In other news, insider Patricia Lewis bought 219 shares of the business's stock in a transaction dated Friday, January 3rd. The stock was purchased at an average cost of GBX 712 ($8.86) per share, with a total value of £1,559.28 ($1,940.85). 1.50% of the stock is owned by corporate insiders.

The Baillie Gifford Japan Trust Company Profile

The Trust aims to pursue long-term capital growth principally through investment in medium to smaller sized Japanese companies which are believed to have above average prospects for growth. We invest in a spread of 40–70 companies, predominantly medium and smaller sized, that we believe offer good growth opportunities. Growth may come from innovative business models, disrupting traditional Japanese practices or market opportunities, such as growth from overseas. We aim to take a three to five year view and the Trust is managed by looking at the underlying investments rather than the benchmark which is TOPIX total return.