Baillie Gifford Shin Nippon (LON:BGS) Stock Price Passes Below 200 Day Moving Average – Should You Sell?

Shares of Baillie Gifford Shin Nippon PLC (LON:BGS) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 113.68 ($1.38) and traded as low as GBX 111.20 ($1.35). Baillie Gifford Shin Nippon shares last traded at GBX 114 ($1.39), with a volume of 3,543,269 shares trading hands.

Baillie Gifford Shin Nippon Stock Up 1.8 %

The stock has a market cap of £332.24 million, a PE ratio of -570.00 and a beta of 0.60. The business has a 50 day moving average price of GBX 112.38 and a 200 day moving average price of GBX 113.69. The company has a quick ratio of 3.66, a current ratio of 0.13 and a debt-to-equity ratio of 20.31.

Baillie Gifford Shin Nippon Company Profile

The Trust aims to achieve long-term capital growth principally through investment in small Japanese companies which are believed to have above-average prospects for capital growth. We invest in 40–80 attractively valued smaller companies that we believe offer good growth opportunities. The Trust is actively managed and will primarily consist of listed companies although up to 10% of total assets can be invested, at the time of initial investment, in unlisted investments, including private companies.