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

Pacific Horizon Investment Trust (LON:PHI) issued 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 return on equity of 34.20% and a net margin of 97.19%.

Pacific Horizon Investment Trust Trading Down 1.3%

Shares of LON PHI opened at GBX 1,130.69 on Thursday. Pacific Horizon Investment Trust has a 1 year low of GBX 719 and a 1 year high of GBX 1,262. The stock has a market cap of £878.62 million, a P/E ratio of 3.92 and a beta of 1.18. The firm has a 50-day moving average of GBX 1,091.87 and a 200 day moving average of GBX 1,062.09. The company has a debt-to-equity ratio of 7.41, a current ratio of 0.15 and a quick ratio of 3.85.

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.