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

Baillie Gifford European Growth Trust plc (LON:BGEU)’s stock price dropped 0.5% on Tuesday . The stock traded as low as GBX 94 ($1.17) and last traded at GBX 94.10 ($1.17). Approximately 826,298 shares traded hands during trading, an increase of 25% from the average daily volume of 658,528 shares. The stock had previously closed at GBX 94.60 ($1.18).

Baillie Gifford European Growth Trust Price Performance

The company has a current ratio of 4.16, a quick ratio of 4.20 and a debt-to-equity ratio of 12.89. The company has a 50 day moving average of GBX 87.58 and a 200-day moving average of GBX 89.19. The firm has a market capitalization of £332.55 million, a P/E ratio of 1,344.29 and a beta of 1.06.

Baillie Gifford European Growth Trust (LON:BGEU) last announced its earnings results on Tuesday, November 26th. The company reported GBX 0.72 ($0.01) earnings per share (EPS) for the quarter. Baillie Gifford European Growth Trust had a net margin of 92.44% and a return on equity of 6.44%.

Baillie Gifford European Growth Trust Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, February 14th. Shareholders of record on Thursday, January 9th will be given a dividend of GBX 0.60 ($0.01) per share. This represents a dividend yield of 0.71%. The ex-dividend date is Thursday, January 9th. This is a positive change from Baillie Gifford European Growth Trust’s previous dividend of $0.40. Baillie Gifford European Growth Trust’s dividend payout ratio is presently 1,428.57%.

Insider Activity

In other news, insider Andrew Watkins acquired 10,000 shares of the stock in a transaction on Friday, November 22nd. The stock was acquired at an average cost of GBX 85 ($1.06) per share, for a total transaction of £8,500 ($10,609.09). Also, insider David Barron bought 20,600 shares of the business’s stock in a transaction on Monday, December 9th. The shares were acquired at an average price of GBX 87 ($1.09) per share, with a total value of £17,922 ($22,368.95). 6.90% of the stock is owned by company insiders.

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.