Baillie Gifford European Growth Trust (LON:BGEU) Stock Price Up 0.5% – Time to Buy?

Baillie Gifford European Growth Trust plc (LON:BGEU)’s share price rose 0.5% during trading on Friday . The company traded as high as GBX 107 ($1.44) and last traded at GBX 106.50 ($1.43). Approximately 697,373 shares were traded during mid-day trading, an increase of 22% from the average daily volume of 573,407 shares. The stock had previously closed at GBX 106 ($1.42).

Baillie Gifford European Growth Trust Price Performance

The company has a market cap of £368.20 million, a P/E ratio of 8.07 and a beta of 1.06. The stock has a fifty day moving average price of GBX 100.45 and a two-hundred day moving average price of GBX 95.83.

Baillie Gifford European Growth Trust (LON:BGEU) last released its quarterly 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 return on equity of 12.17% and a net margin of 96.85%.

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.