Baillie Gifford European Growth Trust (LON:BGEU) Trading Down 1.3% – Should You Sell?

Shares of Baillie Gifford European Growth Trust plc (LON:BGEU) fell 1.3% during mid-day trading on Monday . The company traded as low as GBX 85.20 ($1.04) and last traded at GBX 85.50 ($1.05). 308,060 shares traded hands during trading, a decline of 46% from the average session volume of 572,806 shares. The stock had previously closed at GBX 86.60 ($1.06).

Baillie Gifford European Growth Trust Price Performance

The stock has a market cap of £308.87 million, a price-to-earnings ratio of 1,248.57 and a beta of 1.06. The company has a 50 day simple moving average of GBX 85.85 and a 200-day simple moving average of GBX 89.72. The company has a current ratio of 4.16, a quick ratio of 4.20 and a debt-to-equity ratio of 12.89.

Baillie Gifford European Growth Trust Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, February 14th. Investors of record on Thursday, January 9th will be given a GBX 0.60 ($0.01) dividend. This represents a 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 (DPR) is currently 1,428.57%.

Insider Buying and Selling at Baillie Gifford European Growth Trust

In other Baillie Gifford European Growth Trust news, insider David Barron acquired 20,600 shares of Baillie Gifford European Growth Trust stock in a transaction dated Monday, December 9th. The stock was bought at an average cost of GBX 87 ($1.06) per share, for a total transaction of £17,922 ($21,936.35). Also, insider Andrew Watkins acquired 10,000 shares of the firm’s stock in a transaction dated Friday, November 22nd. The stock was bought at an average price of GBX 85 ($1.04) per share, with a total value of £8,500 ($10,403.92). Company insiders own 6.90% of the company’s stock.

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.