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

Key Points

• Pacific Horizon Investment Trust PLC reached a new 52-week high of GBX 654 ($8.79) as of Monday, with 92,806 shares traded.
• The company boasts a strong financial position, indicated by its debt-to-equity ratio of 0.01 and a current ratio of 3.43.
• This investment trust focuses on achieving capital growth through investments in the Asia Pacific region (excluding Japan) and the Indian Subcontinent.

Pacific Horizon Investment Trust PLC (LON:PHI - )'s stock price reached a new 52-week high on Monday . The company traded as high as GBX 654 ($8.79) and last traded at GBX 654 ($8.79), with a volume of 92806 shares changing hands. The stock had previously closed at GBX 654 ($8.79).

Pacific Horizon Investment Trust Trading Down 0.3%

The business's 50-day moving average price is GBX 618.02 and its two-hundred day moving average price is GBX 590.92. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.43 and a quick ratio of 3.86. The firm has a market cap of £585.78 million, a price-to-earnings ratio of 21.92 and a beta of 0.75.

Pacific Horizon Investment Trust Company Profile

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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