The Baillie Gifford Japan Trust (LON:BGFD) Share Price Crosses Below 50-Day Moving Average – Time to Sell?

Shares of The Baillie Gifford Japan Trust PLC (LON:BGFD) crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 905.43 and traded as low as GBX 883. The Baillie Gifford Japan Trust shares last traded at GBX 888, with a volume of 37,032 shares traded.

The Baillie Gifford Japan Trust Price Performance

The company’s 50 day simple moving average is GBX 905.43 and its 200 day simple moving average is GBX 877.60. The company has a market capitalization of £677.64 million, a PE ratio of 5.87 and a beta of 0.73.

The Baillie Gifford Japan Trust (LON:BGFD) last issued its earnings results on Tuesday, October 21st. The company reported GBX 7.32 earnings per share (EPS) for the quarter. The Baillie Gifford Japan Trust had a net margin of 94.64% and a return on equity of 8.49%.

About The Baillie Gifford Japan Trust

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.