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

Pacific Horizon Investment Trust (LON:PHI) issued its quarterly 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 Up 0.2%

PHI traded up GBX 2.71 on Wednesday, hitting GBX 1,146.71. 31,427 shares of the company were exchanged, compared to its average volume of 288,341. The company has a debt-to-equity ratio of 7.41, a quick ratio of 3.85 and a current ratio of 0.15. The stock’s fifty day moving average is GBX 1,090.75 and its 200-day moving average is GBX 1,060.40. The company has a market cap of £891.07 million, a PE ratio of 3.98 and a beta of 1.18. Pacific Horizon Investment Trust has a 12 month low of GBX 719 and a 12 month high of GBX 1,262.

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.