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

Pacific Horizon Investment Trust (LON:PHI) posted its 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 Price Performance

PHI opened at GBX 1,142 on Thursday. 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 has a 1 year low of GBX 719 and a 1 year high of GBX 1,262. The company’s 50 day simple moving average is GBX 1,091.87 and its 200 day simple moving average is GBX 1,062.09. The stock has a market capitalization of £887.41 million, a PE ratio of 3.96 and a beta of 1.18.

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.