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

Pacific Horizon Investment Trust (LON:PHI) announced its quarterly earnings results on Wednesday. The company reported GBX 1.28 EPS 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 Stock Performance

Shares of PHI stock traded up GBX 4 during mid-day trading on Wednesday, hitting GBX 1,148. 45,875 shares of the stock were exchanged, compared to its average volume of 288,419. The stock’s fifty day simple moving average is GBX 1,090.75 and its two-hundred day simple moving average is GBX 1,060.40. The stock has a market capitalization of £892.08 million, a price-to-earnings ratio of 3.98 and a beta of 1.18. Pacific Horizon Investment Trust has a 12-month low of GBX 719 and a 12-month high of GBX 1,262. The company has a debt-to-equity ratio of 7.41, a quick ratio of 3.85 and a current ratio of 0.15.

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. 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.