Pacific Horizon Investment Trust (LON:PHI) Sets New 12-Month High – Here’s Why

Shares of Pacific Horizon Investment Trust PLC (LON:PHIGet Free Report) hit a new 52-week high on Tuesday . The stock traded as high as GBX 1,202 and last traded at GBX 1,170, with a volume of 124033 shares traded. The stock had previously closed at GBX 1,160.

Pacific Horizon Investment Trust Trading Up 0.9%

The firm has a market capitalization of £947.91 million, a P/E ratio of 4.06 and a beta of 0.82. The firm has a 50-day moving average of GBX 1,010.95 and a two-hundred day moving average of GBX 899.51.

Pacific Horizon Investment Trust (LON:PHIGet Free Report) last announced its quarterly earnings data on Wednesday, March 11th. The company reported GBX (1.22) earnings per share for the quarter. Pacific Horizon Investment Trust had a return on equity of 34.20% and a net margin of 97.19%.

About Pacific Horizon Investment Trust

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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.

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