Baillie Gifford European Growth Trust (LON:BGEU) Trading Up 0.2% – Still a Buy?

Baillie Gifford European Growth Trust plc (LON:BGEU) was up 0.2% during mid-day trading on Thursday . The stock traded as high as GBX 99 ($1.36) and last traded at GBX 99 ($1.36). Approximately 363,602 shares traded hands during trading, a decline of 37% from the average daily volume of 576,498 shares. The stock had previously closed at GBX 98.80 ($1.36).

Baillie Gifford European Growth Trust Price Performance

The firm’s 50-day moving average is GBX 97.04 and its 200-day moving average is GBX 93.74. The company has a market capitalization of £342.27 million, a P/E ratio of 7.50 and a beta of 1.06.

Baillie Gifford European Growth Trust (LON:BGEU) last announced its earnings results on Thursday, May 15th. The company reported GBX 0.15 ($0.00) earnings per share (EPS) for the quarter. Baillie Gifford European Growth Trust had a net margin of 96.85% and a return on equity of 12.17%.

About Baillie Gifford European Growth Trust

The European Investment Trust plc is a closed ended equity mutual fund launched and managed by Edinburgh Partners AIFM Limited. The fund is co-managed by Edinburgh Partners Limited. It invests in public equity markets of Europe, excluding the United Kingdom. The fund seeks to invest in stocks of companies operating across diversified sectors.