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

Pacific Horizon Investment Trust (LON:PHI) announced its earnings results on Wednesday. The company reported GBX 0.52 ($0.01) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Pacific Horizon Investment Trust had a net margin of 63.44% and a return on equity of 4.68%.

Pacific Horizon Investment Trust Price Performance

PHI traded up GBX 5 ($0.06) during midday trading on Friday, reaching GBX 582 ($7.54). 125,494 shares of the company’s stock were exchanged, compared to its average volume of 236,321. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.43 and a quick ratio of 3.86. The stock has a market capitalization of £522.65 million, a PE ratio of 19.55 and a beta of 0.75. The business’s 50-day moving average price is GBX 584.16 and its 200 day moving average price is GBX 579.12. Pacific Horizon Investment Trust has a 1-year low of GBX 551 ($7.14) and a 1-year high of GBX 666 ($8.63).

About Pacific Horizon Investment Trust

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.