Pacific Horizon Investment Trust (LON:PHI) Stock Price Up 0.1% – Here’s Why

Shares of Pacific Horizon Investment Trust PLC (LON:PHI) traded up 0.1% during trading on Wednesday . The company traded as high as GBX 766 and last traded at GBX 759. 54,758 shares traded hands during trading, a decline of 69% from the average session volume of 178,310 shares. The stock had previously closed at GBX 758.

Pacific Horizon Investment Trust Stock Up 0.1%

The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.86 and a current ratio of 3.43. The stock’s fifty day simple moving average is GBX 759.09 and its two-hundred day simple moving average is GBX 699.75. The stock has a market capitalization of £629.68 million, a P/E ratio of 15.57 and a beta of 0.75.

Pacific Horizon Investment Trust (LON:PHI) last issued its quarterly earnings results on Tuesday, September 23rd. The company reported GBX 2.34 EPS for the quarter. Pacific Horizon Investment Trust had a net margin of 63.44% and a return on equity of 4.68%.

About Pacific Horizon Investment Trust

The Trust aims to achieve capital growth through investment in the Asia Pacific region (excluding Japan) and the Indian Sub-continent. The portfolio contains companies which have been identified as offering the potential for long-term capital appreciation, irrespective of whether they comprise part of any index. Country and sector weightings are a consequence of the index agnostic approach to stock selection. In constructing the equity portfolio a spread of risk is achieved by diversification and the portfolio will typically consist of between 40–120 companies.