Suncrete (NASDAQ:RMIX) Hits New 52-Week High – Still a Buy?

Suncrete (NASDAQ:RMIX) hit a new 52-week high on Monday . The stock traded as high as $22.72 and last traded at $22.7060, with a volume of 984479 shares changing hands. The stock had previously closed at $21.88.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on RMIX shares. William Blair started coverage on shares of Suncrete in a report on Monday, May 4th. They issued an “outperform” rating on the stock. Jefferies Financial Group started coverage on shares of Suncrete in a report on Friday, May 1st. They issued a “buy” rating and a $19.00 target price on the stock. Weiss Ratings started coverage on shares of Suncrete in a research report on Wednesday, April 29th. They set a “sell (d+)” rating for the company. Robert W. Baird assumed coverage on shares of Suncrete in a research report on Wednesday, May 27th. They set an “outperform” rating and a $21.00 price objective for the company. Finally, Roth Mkm assumed coverage on shares of Suncrete in a research note on Thursday, May 14th. They issued a “buy” rating and a $21.00 price target on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $20.33.

Suncrete Stock Performance

The firm’s 50-day moving average price is $16.19.

Suncrete Company Profile

Haymaker Acquisition Corp. 4 is a blank check company. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or other business combination with one or more businesses or entities. Haymaker Acquisition Corp. 4 is based in New York.