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Pacific Horizon Investment Trust (LON:PHI) Sets New 1-Year High - Here's Why

Pacific Horizon Investment Trust logo with Financial Services background

Pacific Horizon Investment Trust PLC (LON:PHI - Get Free Report) hit a new 52-week high during trading on Monday . The company traded as high as GBX 672 ($9.07) and last traded at GBX 666.78 ($9.00), with a volume of 8468 shares changing hands. The stock had previously closed at GBX 668 ($9.01).

Pacific Horizon Investment Trust Trading Down 1.2%

The company has a current ratio of 3.43, a quick ratio of 3.86 and a debt-to-equity ratio of 0.01. The company has a 50-day simple moving average of GBX 628.34 and a 200 day simple moving average of GBX 594.71. The firm has a market cap of £598.09 million, a PE ratio of 22.38 and a beta of 0.75.

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.

Further Reading

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