Baillie Gifford Shin Nippon (LON:BGS) Stock Passes Below 50 Day Moving Average of $148.30

Shares of Baillie Gifford Shin Nippon PLC (LON:BGS – Get Rating) crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 148.30 ($1.84) and traded as low as GBX 144.80 ($1.80). Baillie Gifford Shin Nippon shares last traded at GBX 145 ($1.80), with a volume of 370,434 shares changing hands.

Baillie Gifford Shin Nippon Price Performance

The stock’s fifty day moving average price is GBX 148.30 and its two-hundred day moving average price is GBX 153.41. The firm has a market capitalization of £451.37 million, a price-to-earnings ratio of -7,250.00 and a beta of 0.70. The company has a current ratio of 0.22, a quick ratio of 3.66 and a debt-to-equity ratio of 16.14.

About Baillie Gifford Shin Nippon

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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.