The Baillie Gifford Japan Trust (LON:BGFD) Shares Pass Above 50 Day Moving Average – Should You Sell?

The Baillie Gifford Japan Trust PLC (LON:BGFD) shares passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 754.75 ($9.79) and traded as high as GBX 761 ($9.87). The Baillie Gifford Japan Trust shares last traded at GBX 761 ($9.87), with a volume of 404,144 shares changing hands.

The Baillie Gifford Japan Trust Price Performance

The stock has a market capitalization of £694.60 million, a price-to-earnings ratio of 10.55 and a beta of 0.73. The business has a fifty day moving average of GBX 754.75 and a 200 day moving average of GBX 732.67.

Insider Transactions at The Baillie Gifford Japan Trust

In other The Baillie Gifford Japan Trust news, insider Patricia Lewis bought 219 shares of the company’s stock in a transaction that occurred on Friday, January 3rd. The shares were purchased at an average price of GBX 712 ($9.23) per share, with a total value of £1,559.28 ($2,021.89). Corporate insiders own 1.50% of the company’s stock.

About The Baillie Gifford Japan Trust

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.