Pacific Horizon Investment Trust (LON:PHI) Stock Crosses Below 50-Day Moving Average – Time to Sell?

Pacific Horizon Investment Trust PLC (LON:PHIGet Free Report) passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 1,119.27 and traded as low as GBX 1,044. Pacific Horizon Investment Trust shares last traded at GBX 1,058, with a volume of 107,255 shares traded.

Pacific Horizon Investment Trust Stock Performance

The company has a debt-to-equity ratio of 7.41, a current ratio of 0.15 and a quick ratio of 3.85. The business has a 50-day simple moving average of GBX 1,119.27 and a 200-day simple moving average of GBX 1,009.59. The firm has a market capitalization of £849.86 million, a PE ratio of 3.73 and a beta of 1.27.

Pacific Horizon Investment Trust Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for Pacific Horizon Investment Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pacific Horizon Investment Trust and related companies with MarketBeat.com's FREE daily email newsletter.