Pacific Horizon Investment Trust (LON:PHI) Trading Up 0.9% – Time to Buy?

Pacific Horizon Investment Trust PLC (LON:PHIGet Free Report) traded up 0.9% on Friday . The company traded as high as GBX 578 ($7.18) and last traded at GBX 576 ($7.16). 291,310 shares changed hands during mid-day 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 Price Performance

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

About Pacific Horizon Investment Trust

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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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