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

Pacific Horizon Investment Trust (LON:PHI) announced its earnings results on Wednesday. The company reported GBX 1.28 EPS 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 Stock Up 1.0%

PHI opened at GBX 1,143 on Friday. The firm has a market cap of £888.19 million, a P/E ratio of 3.96 and a beta of 1.18. The business’s fifty day simple moving average is GBX 1,093.07 and its 200 day simple moving average is GBX 1,063.63. Pacific Horizon Investment Trust has a 52 week low of GBX 719 and a 52 week high of GBX 1,262. The company has a quick ratio of 3.85, a current ratio of 0.15 and a debt-to-equity ratio of 7.41.

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. 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.