Pacific Horizon Investment Trust (LON:PHI) Reaches New 12-Month High at $590.00

Shares of Pacific Horizon Investment Trust PLC (LON:PHIGet Free Report) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 590 ($7.41) and last traded at GBX 583 ($7.32), with a volume of 50420 shares changing hands. The stock had previously closed at GBX 575 ($7.22).

Pacific Horizon Investment Trust Stock Performance

The stock’s 50-day moving average price is GBX 567.58 and its 200-day moving average price is GBX 548.64. The company has a debt-to-equity ratio of 8.63, a quick ratio of 3.86 and a current ratio of 3.48. The company has a market capitalization of £531.65 million, a price-to-earnings ratio of -1,036.84 and a beta of 0.83.

Pacific Horizon Investment Trust Company Profile

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Pacific Horizon Investment Trust PLC is a closed-ended equity mutual fund launched and managed by Baillie Gifford & Co Ltd. The fund is co-managed by Baillie Gifford & Co It invests in the public equity markets of the Asia Pacific region (excluding Japan) and of the Indian Sub-continent. The fund seeks to invest in stocks of companies across diversified sectors.

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