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

Pacific Horizon Investment Trust (LON:PHI) released its quarterly earnings results on Wednesday. The company reported GBX (1.22) EPS for the quarter, Digital Look Earnings reports. Pacific Horizon Investment Trust had a return on equity of 7.10% and a net margin of 89.48%.

Pacific Horizon Investment Trust Price Performance

Shares of LON:PHI traded up GBX 5 during midday trading on Wednesday, hitting GBX 929. The stock had a trading volume of 62,543 shares, compared to its average volume of 138,071. The company’s 50-day moving average price is GBX 888.23 and its 200-day moving average price is GBX 794.89. Pacific Horizon Investment Trust has a fifty-two week low of GBX 494.62 and a fifty-two week high of GBX 997. The company has a quick ratio of 3.86, a current ratio of 0.12 and a debt-to-equity ratio of 5.83. The company has a market capitalization of £770.16 million, a P/E ratio of 19.05 and a beta of 1.13.

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.