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

Baillie Gifford Shin Nippon PLC (LON:BGS)’s share price 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 traded.

Baillie Gifford Shin Nippon Stock Performance

The company has a debt-to-equity ratio of 20.31, a quick ratio of 3.66 and a current ratio of 0.13. The firm has a market capitalization of £332.24 million, a PE ratio of -570.00 and a beta of 0.60. The firm’s 50 day moving average price is GBX 112.38 and its 200-day moving average price is GBX 113.69.

About Baillie Gifford Shin Nippon

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.