Pacific Horizon Investment Trust (LON:PHI) Share Price Crosses Above 200 Day Moving Average – Should You Sell?

Pacific Horizon Investment Trust PLC (LON:PHI)’s stock price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 750.63 and traded as high as GBX 900. Pacific Horizon Investment Trust shares last traded at GBX 880, with a volume of 83,923 shares traded.

Pacific Horizon Investment Trust Trading Up 0.6%

The company has a debt-to-equity ratio of 0.01, a current ratio of 3.43 and a quick ratio of 3.86. The company has a market capitalization of £734.21 million, a price-to-earnings ratio of 18.15 and a beta of 0.75. The business’s 50-day moving average price is GBX 811.49 and its two-hundred day moving average price is GBX 750.63.

Pacific Horizon Investment Trust Company Profile

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.