Pacific Horizon Investment Trust (LON:PHI) Trading Down 0.5% – Here’s What Happened

by · The Cerbat Gem

Pacific Horizon Investment Trust PLC (LON:PHI – Get Free Report)’s stock price was down 0.5% on Wednesday . The company traded as low as GBX 748 and last traded at GBX 750. Approximately 143,609 shares traded hands during trading, a decline of 22% from the average daily volume of 183,023 shares. The stock had previously closed at GBX 754.

Pacific Horizon Investment Trust Stock Down 0.5%

The firm’s 50 day moving average price is GBX 761 and its two-hundred day moving average price is GBX 682.24. The company has a current ratio of 3.43, a quick ratio of 3.86 and a debt-to-equity ratio of 0.01. The company has a market capitalization of £627.75 million, a P/E ratio of 15.38 and a beta of 0.75.

Pacific Horizon Investment Trust (LON:PHI – Get Free Report) last released its earnings results on Tuesday, September 23rd. The company reported GBX 2.34 earnings per share for the quarter. Pacific Horizon Investment Trust had a net margin of 63.44% and a return on equity of 4.68%.

About Pacific Horizon Investment Trust

(Get Free Report)

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.

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