Baillie Gifford China Growth Trust (LON:BGCG) Releases Quarterly Earnings Results

Baillie Gifford China Growth Trust (LON:BGCG) announced its quarterly earnings results on Tuesday. The company reported GBX 2.53 ($0.03) EPS for the quarter, Digital Look Earnings reports. Baillie Gifford China Growth Trust had a negative return on equity of 26.72% and a net margin of 107.60%.

Baillie Gifford China Growth Trust Price Performance

Shares of LON BGCG traded up GBX 3 ($0.04) during midday trading on Wednesday, reaching GBX 270 ($3.49). 127,104 shares of the company traded hands, compared to its average volume of 162,114. The stock’s 50-day simple moving average is GBX 258.12 and its 200-day simple moving average is GBX 233.81. The company has a debt-to-equity ratio of 4.63, a quick ratio of 0.38 and a current ratio of 0.41. Baillie Gifford China Growth Trust has a 12 month low of GBX 175.78 ($2.27) and a 12 month high of GBX 285.88 ($3.70). The firm has a market cap of £157.50 million, a PE ratio of -4.96 and a beta of 0.55.

About Baillie Gifford China Growth Trust

The Trust aims to produce long term capital growth by investing in an actively managed portfolio of Chinese companies. Up to a maximum of 20% of assets may be invested in companies not listed on a public market (measured at time of purchase). We invest on a long-term (5 year) perspective, and have a strong preference for growth.