Pacific Horizon Investment Trust PLC (LON:PHI – Get Free Report) rose 5.1% during trading on Wednesday . The stock traded as high as GBX 907 and last traded at GBX 900. Approximately 204,543 shares were traded during mid-day trading, a decline of 8% from the average daily volume of 221,365 shares. The stock had previously closed at GBX 856.
Pacific Horizon Investment Trust Price Performance
The business’s 50-day simple moving average is GBX 908.47 and its two-hundred day simple moving average is GBX 817.96. The stock has a market capitalization of £746.12 million, a price-to-earnings ratio of 18.46 and a beta of 1.13.
Pacific Horizon Investment Trust (LON:PHI – Get Free Report) last released its quarterly earnings data on Wednesday, March 11th. The company reported GBX (1.22) earnings per share (EPS) for the quarter. Pacific Horizon Investment Trust had a return on equity of 34.20% and a net margin of 97.19%.
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.
Further Reading
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