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Pacific Horizon Investment Trust (LON:PHI) Trading 1.3% Higher - Here's What Happened

Pacific Horizon Investment Trust logo with Financial Services background

Pacific Horizon Investment Trust PLC (LON:PHI - Get Free Report) traded up 1.3% during mid-day trading on Friday . The company traded as high as GBX 602 ($8.10) and last traded at GBX 602 ($8.10). 181,035 shares changed hands during trading, a decline of 11% from the average session volume of 204,511 shares. The stock had previously closed at GBX 594 ($7.99).

Pacific Horizon Investment Trust Stock Performance

The business's fifty day moving average price is GBX 579.61 and its 200-day moving average price is GBX 578.83. 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 stock has a market cap of £540.61 million, a PE ratio of 20.23 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.

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