Baillie Gifford UK Growth Trust (LON:BGUK) Shares Down 0.6% – Here’s What Happened

Baillie Gifford UK Growth Trust plc (LON:BGUK)’s share price fell 0.6% during mid-day trading on Tuesday . The stock traded as low as GBX 175.50 ($2.21) and last traded at GBX 176 ($2.21). 351,597 shares traded hands during mid-day trading, an increase of 39% from the average session volume of 253,497 shares. The stock had previously closed at GBX 177 ($2.23).

Baillie Gifford UK Growth Trust Stock Performance

The company has a current ratio of 0.24, a quick ratio of 0.48 and a debt-to-equity ratio of 6.21. The company’s 50 day moving average is GBX 177.13 and its 200-day moving average is GBX 174.93. The company has a market capitalization of £255.08 million, a P/E ratio of 16,950.00 and a beta of 1.04.

Insider Buying and Selling

In related news, insider Cathy Pitt purchased 11,125 shares of the company’s stock in a transaction dated Tuesday, September 24th. The shares were purchased at an average price of GBX 179 ($2.25) per share, with a total value of £19,913.75 ($25,033.00). Also, insider Neil Rogan purchased 5,726 shares of the company’s stock in a transaction dated Friday, September 6th. The shares were bought at an average cost of GBX 173 ($2.17) per share, for a total transaction of £9,905.98 ($12,452.52). 3.18% of the stock is owned by company insiders.

Baillie Gifford UK Growth Trust Company Profile

Baillie Gifford UK Growth Trust plc is a closed-ended equity mutual fund launched and managed by Schroder Unit Trusts Ltd. The fund is co-managed by Schroder Investment Management Limited. It invests in the public equity markets of the United Kingdom. The fund seeks to invest in value stocks of companies operating across diversified sectors.