Baillie Gifford Shin Nippon (LON:BGS) Sets New 52-Week Low at $109.80

Shares of Baillie Gifford Shin Nippon PLC (LON:BGS) reached a new 52-week low during trading on Tuesday . The stock traded as low as GBX 109.80 ($1.40) and last traded at GBX 111.33 ($1.41), with a volume of 1253893 shares traded. The stock had previously closed at GBX 112.20 ($1.43).

Baillie Gifford Shin Nippon Stock Performance

The stock’s 50-day moving average is GBX 116.28 and its 200 day moving average is GBX 122.25. The stock has a market cap of £327.20 million, a price-to-earnings ratio of -419.23 and a beta of 0.62. The company has a debt-to-equity ratio of 18.89, a current ratio of 0.07 and a quick ratio of 3.66.

Baillie Gifford Shin Nippon Announces Dividend

The firm also recently declared a dividend, which will be paid on Thursday, May 30th. Stockholders of record on Thursday, April 18th will be issued a GBX 0.80 ($0.01) dividend. The ex-dividend date is Thursday, April 18th. This represents a dividend yield of 0.65%. Baillie Gifford Shin Nippon’s dividend payout ratio is currently -384.62%.

Insiders Place Their Bets

In related news, insider Kevin Troup bought 10,000 shares of the stock in a transaction on Monday, March 25th. The shares were bought at an average cost of GBX 123 ($1.56) per share, for a total transaction of £12,300 ($15,632.94). In other Baillie Gifford Shin Nippon news, insider Kevin Troup acquired 10,000 shares of the stock in a transaction that occurred on Monday, March 25th. The shares were purchased at an average cost of GBX 123 ($1.56) per share, with a total value of £12,300 ($15,632.94). Also, insider Jamie Skinner purchased 32,500 shares of Baillie Gifford Shin Nippon stock in a transaction on Wednesday, April 3rd. The stock was acquired at an average cost of GBX 118 ($1.50) per share, for a total transaction of £38,350 ($48,741.74). Insiders own 0.34% of the company’s stock.

Baillie Gifford Shin Nippon Company Profile

Baillie Gifford Shin Nippon PLC is a closed-ended equity mutual fund launched and managed by Baillie Gifford & Co Ltd. It is co-managed by Baillie Gifford & Co The fund invests in the public equity markets of Japan. It seeks to invest in stocks of companies operating across diversified sectors.