Pacific Horizon Investment Trust (LON:PHI) Announces Quarterly Earnings Results

Pacific Horizon Investment Trust (LON:PHI) announced its earnings results on Wednesday. The company reported GBX 1.28 EPS for the quarter, Digital Look Earnings reports. Pacific Horizon Investment Trust had a net margin of 97.19% and a return on equity of 34.20%.

Pacific Horizon Investment Trust Stock Performance

Shares of Pacific Horizon Investment Trust stock traded up GBX 14 on Friday, reaching GBX 1,146. 85,104 shares of the stock were exchanged, compared to its average volume of 286,608. Pacific Horizon Investment Trust has a 1-year low of GBX 719 and a 1-year high of GBX 1,262. The business has a fifty day moving average price of GBX 1,095.27 and a two-hundred day moving average price of GBX 1,064.21. The firm has a market capitalization of £890.52 million, a PE ratio of 3.97 and a beta of 1.18. The company has a current ratio of 0.15, a quick ratio of 3.85 and a debt-to-equity ratio of 7.41.

Pacific Horizon Investment Trust Company Profile

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.