Pacific Horizon Investment Trust (LON:PHI) Sets New 52-Week High - Should You Buy?

Key Points

• Pacific Horizon Investment Trust (LON:PHI) reached a new 52-week high, trading at GBX 680 ($9.18) during mid-day trading on Monday.
• The Trust has a market capitalization of £579.16 million and a PE ratio of 846.11, indicating its valuation relative to earnings.
• Its investment strategy focuses on achieving capital growth through investments in the Asia Pacific region and the Indian Sub-continent.

Pacific Horizon Investment Trust PLC (LON:PHI - ) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 680 ($9.18) and last traded at GBX 676.21 ($9.13), with a volume of 42749 shares trading hands. The stock had previously closed at GBX 675 ($9.12).

Pacific Horizon Investment Trust Trading Up 0.2%

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 company has a market capitalization of £579.16 million, a PE ratio of 846.11 and a beta of 0.75. The stock has a fifty day moving average of GBX 640.14 and a 200 day moving average of GBX 599.43.

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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