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Pacific Horizon Investment Trust (LON:PHI) Hits New 12-Month High - What's Next?

Pacific Horizon Investment Trust logo with Financial Services background
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Key Points

  • Pacific Horizon Investment Trust (LON:PHI) hit a new 52-week high of GBX 1,062 (last GBX 1,060) on Wednesday, with trading volume of 464,925 shares.
  • The trust has a market capitalization of £898.81 million and a low PE ratio of 3.79, and it is trading above its 50-day (GBX 937.26) and 200-day (GBX 852.09) moving averages, indicating recent upward momentum.
  • The fund focuses on capital growth in the Asia Pacific region (excluding Japan) and the Indian sub-continent; it reported a quarterly EPS of GBX (1.22) but shows a high return on equity (34.20%) and a reported net margin of 97.19%.
  • Interested in Pacific Horizon Investment Trust? Here are five stocks we like better.

Pacific Horizon Investment Trust PLC (LON:PHI - Get Free Report) hit a new 52-week high during trading on Wednesday . The stock traded as high as GBX 1,062 and last traded at GBX 1,060, with a volume of 464925 shares traded. The stock had previously closed at GBX 1,026.

Pacific Horizon Investment Trust Stock Performance

The company has a market capitalization of £898.81 million, a PE ratio of 3.79 and a beta of 1.25. The firm's 50-day simple moving average is GBX 937.26 and its 200 day simple moving average is GBX 852.09.

Pacific Horizon Investment Trust (LON:PHI - Get Free Report) last issued its earnings results on Wednesday, March 11th. The company reported GBX (1.22) EPS 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

(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. 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.

See Also

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