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

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

Pacific Horizon Investment Trust Stock Performance

PHI traded up GBX 8 during midday trading on Friday, reaching GBX 1,140. The company had a trading volume of 94,764 shares, compared to its average volume of 286,660. The company has a quick ratio of 3.85, a current ratio of 0.15 and a debt-to-equity ratio of 7.41. The business has a 50-day moving average of GBX 1,093.07 and a two-hundred day moving average of GBX 1,063.63. The company has a market cap of £885.86 million, a P/E ratio of 3.95 and a beta of 1.18. Pacific Horizon Investment Trust has a 1 year low of GBX 719 and a 1 year high of GBX 1,262.

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.