The Baillie Gifford Japan Trust (LON:BGFD) Stock Crosses Below 50-Day Moving Average – Time to Sell?

Shares of The Baillie Gifford Japan Trust PLC (LON:BGFD) crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 712.06 ($8.71) and traded as low as GBX 688.50 ($8.43). The Baillie Gifford Japan Trust shares last traded at GBX 706 ($8.64), with a volume of 271,720 shares trading hands.

The Baillie Gifford Japan Trust Stock Performance

The company has a current ratio of 0.18, a quick ratio of 0.14 and a debt-to-equity ratio of 18.86. The stock’s fifty day simple moving average is GBX 712.06 and its 200 day simple moving average is GBX 724.48. The company has a market cap of £614.04 million, a price-to-earnings ratio of 3,348.62 and a beta of 0.73.

The Baillie Gifford Japan Trust Dividend Announcement

The business also recently disclosed a dividend, which was paid on Wednesday, December 18th. Investors of record on Thursday, November 14th were given a dividend of GBX 10 ($0.12) per share. The ex-dividend date was Thursday, November 14th. This represents a yield of 1.43%. The Baillie Gifford Japan Trust’s payout ratio is 4,761.90%.

Insider Buying and Selling at The Baillie Gifford Japan Trust

In other The Baillie Gifford Japan Trust news, insider Patricia Lewis acquired 219 shares of the business’s stock in a transaction that occurred on Friday, January 3rd. The stock was purchased at an average cost of GBX 712 ($8.71) per share, with a total value of £1,559.28 ($1,908.08). 1.50% of the stock is owned by company 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.