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Pacific Horizon Investment Trust (LON:PHI) Hits New 1-Year High - Here's What Happened

Pacific Horizon Investment Trust logo with Financial Services background

Pacific Horizon Investment Trust PLC (LON:PHI - Get Free Report) reached a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 772 ($10.37) and last traded at GBX 766.31 ($10.29), with a volume of 21469 shares. The stock had previously closed at GBX 772 ($10.37).

Pacific Horizon Investment Trust Price Performance

The company has a 50-day moving average of GBX 687.54 and a 200-day moving average of GBX 622.17. 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 has a market cap of £650.14 million, a price-to-earnings ratio of 1,579.72 and a beta of 0.75.

Pacific Horizon Investment Trust (LON:PHI - Get Free Report) last announced its earnings results on Tuesday, September 23rd. The company reported GBX 2.34 earnings per share for the quarter. Pacific Horizon Investment Trust had a return on equity of 4.68% and a net margin of 63.44%.

About Pacific Horizon Investment Trust

(Get Free Report)

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.

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