Pacific Horizon Investment Trust (LON:PHI) Sets New 52-Week High – Here’s What Happened

Pacific Horizon Investment Trust PLC (LON:PHIGet Free Report)’s stock price hit a new 52-week high during trading on Tuesday . The stock traded as high as GBX 1,202 and last traded at GBX 1,170, with a volume of 124033 shares trading hands. The stock had previously closed at GBX 1,160.

Pacific Horizon Investment Trust Price Performance

The stock has a market capitalization of £950.33 million, a P/E ratio of 4.07 and a beta of 1.26. The firm’s 50 day moving average price is GBX 1,022.94 and its 200 day moving average price is GBX 905.43.

Pacific Horizon Investment Trust (LON:PHIGet Free Report) last issued its quarterly earnings data on Wednesday, March 11th. The company reported GBX (1.22) EPS for the quarter. Pacific Horizon Investment Trust had a net margin of 97.19% and a return on equity of 34.20%.

Pacific Horizon Investment Trust Company Profile

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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.

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