Baillie Gifford Shin Nippon (LON:BGS) Shares Pass Above Fifty Day Moving Average – Here’s Why

Baillie Gifford Shin Nippon PLC (LON:BGS) crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 111.92 ($1.40) and traded as high as GBX 112.60 ($1.41). Baillie Gifford Shin Nippon shares last traded at GBX 112.21 ($1.41), with a volume of 503,462 shares.

Baillie Gifford Shin Nippon Stock Up 1.8 %

The company has a market cap of £327.02 million, a P/E ratio of -561.05 and a beta of 0.60. The company has a debt-to-equity ratio of 20.31, a current ratio of 0.13 and a quick ratio of 3.66. The business’s 50 day moving average price is GBX 111.92 and its 200-day moving average price is GBX 113.59.

Baillie Gifford Shin Nippon Company Profile

Baillie Gifford Shin Nippon PLC is a closed-ended equity mutual fund launched and managed by Baillie Gifford & Co Ltd. It is co-managed by Baillie Gifford & Co The fund invests in the public equity markets of Japan. It seeks to invest in stocks of companies operating across diversified sectors.