The Baillie Gifford Japan Trust (LON:BGFD) Stock Price Crosses Below Two Hundred Day Moving Average – Should You Sell?

The Baillie Gifford Japan Trust PLC (LON:BGFD) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 732.70 ($9.45) and traded as low as GBX 660 ($8.51). The Baillie Gifford Japan Trust shares last traded at GBX 681 ($8.78), with a volume of 334,230 shares trading hands.

The Baillie Gifford Japan Trust Price Performance

The company has a market capitalization of £621.58 million, a PE ratio of 9.44 and a beta of 0.73. The company’s fifty day moving average is GBX 759.55 and its 200-day moving average is GBX 732.70.

The Baillie Gifford Japan Trust (LON:BGFD) last released its earnings results on Friday, March 28th. The company reported GBX 3.41 ($0.04) earnings per share for the quarter. The Baillie Gifford Japan Trust had a return on equity of 8.49% and a net margin of 94.64%.

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.