Pacific Horizon Investment Trust (LON:PHI) Releases Quarterly Earnings Results

Pacific Horizon Investment Trust (LON:PHI) announced its quarterly earnings results on Wednesday. The company reported GBX 1.28 earnings per share for the quarter, Digital Look Earnings reports. Pacific Horizon Investment Trust had a net margin of 97.19% and a return on equity of 34.20%.

Pacific Horizon Investment Trust Trading Up 0.2%

Shares of Pacific Horizon Investment Trust stock traded up GBX 2 during mid-day trading on Wednesday, hitting GBX 1,146. The stock had a trading volume of 686,622 shares, compared to its average volume of 291,901. The firm has a 50-day moving average of GBX 1,090.75 and a two-hundred day moving average of GBX 1,060.40. The firm has a market cap of £890.52 million, a P/E ratio of 3.97 and a beta of 1.18. The company has a quick ratio of 3.85, a current ratio of 0.15 and a debt-to-equity ratio of 7.41. Pacific Horizon Investment Trust has a 12-month low of GBX 719 and a 12-month high of GBX 1,262.

About Pacific Horizon Investment Trust

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. Country and sector weightings are a consequence of the index agnostic approach to stock selection. In constructing the equity portfolio a spread of risk is achieved by diversification and the portfolio will typically consist of between 40–120 companies.