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

Pacific Horizon Investment Trust logo with Financial Services background

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.
  • MarketBeat previews the top five stocks to own by October 1st.

Pacific Horizon Investment Trust PLC (LON:PHI - Get Free Report) shares reached a new 52-week high on Monday . The company traded as high as GBX 680 ($9.14) and last traded at GBX 676.21 ($9.09), with a volume of 42749 shares trading hands. The stock had previously closed at GBX 675 ($9.07).

Pacific Horizon Investment Trust Stock Performance

The stock has a fifty day moving average price of GBX 645.84 and a two-hundred day moving average price of GBX 601.62. The company has a market cap of £582.41 million, a P/E ratio of 850.85 and a beta of 0.75. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.43 and a quick ratio of 3.86.

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.

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