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Pacific Horizon Investment Trust (LON:PHI) Sets New 12-Month High - Should You Buy?

Pacific Horizon Investment Trust logo with Financial Services background

Key Points

  • Pacific Horizon Investment Trust PLC's share price reached a new 52-week high at GBX 650 ($8.73) during trading on Monday.
  • The firm has a market capitalization of £580.54 million and a PE ratio of 21.72, indicating a solid financial standing.
  • Pacific Horizon focuses on capital growth through investments in the Asia Pacific region and aims to identify companies with long-term appreciation potential.
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Pacific Horizon Investment Trust PLC (LON:PHI - Get Free Report) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 650 ($8.62) and last traded at GBX 647 ($8.58), with a volume of 7651 shares changing hands. The stock had previously closed at GBX 644 ($8.54).

Pacific Horizon Investment Trust Price Performance

The company has a quick ratio of 3.86, a current ratio of 3.43 and a debt-to-equity ratio of 0.01. The firm has a market cap of £581.92 million, a PE ratio of 21.77 and a beta of 0.75. The firm's 50 day moving average is GBX 609.98 and its 200-day moving average is GBX 587.86.

Pacific Horizon Investment Trust Company Profile

(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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