Pacific Horizon Investment Trust (LON:PHI) Shares Up 0.9% – Here’s Why

Pacific Horizon Investment Trust PLC (LON:PHIGet Free Report) shot up 0.9% during trading on Friday . The stock traded as high as GBX 578 ($7.18) and last traded at GBX 576 ($7.16). 291,310 shares changed hands during trading, an increase of 43% from the average session volume of 203,649 shares. The stock had previously closed at GBX 571 ($7.09).

Pacific Horizon Investment Trust Trading Up 0.9 %

The firm has a market cap of £521.57 million, a PE ratio of 1,920.00 and a beta of 0.75. The company has a debt-to-equity ratio of 8.63, a quick ratio of 3.86 and a current ratio of 3.32. The stock’s 50 day simple moving average is GBX 571.97 and its 200 day simple moving average is GBX 591.12.

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.

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