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Pacific Horizon Investment Trust (LON:PHI) Shares Down 1% - Here's What Happened

Pacific Horizon Investment Trust logo with Financial Services background

Shares of Pacific Horizon Investment Trust PLC (LON:PHI - Get Free Report) traded down 1% during trading on Friday . The stock traded as low as GBX 579.06 ($7.83) and last traded at GBX 585 ($7.91). 150,207 shares traded hands during mid-day trading, a decline of 29% from the average session volume of 212,221 shares. The stock had previously closed at GBX 591 ($7.99).

Pacific Horizon Investment Trust Stock Performance

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 £531.63 million, a PE ratio of 19.89 and a beta of 0.75. The stock's 50-day simple moving average is GBX 566.85 and its 200 day simple moving average is GBX 576.12.

Pacific Horizon Investment Trust (LON:PHI - Get Free Report) last released its quarterly earnings results on Wednesday, March 12th. The company reported GBX 0.52 ($0.01) EPS for the quarter. Pacific Horizon Investment Trust had a return on equity of 4.68% and a net margin of 63.44%.

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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