GCP Infrastructure Investments (LON:GCP) Hits New 12-Month High – Should You Buy?

GCP Infrastructure Investments Limited (LON:GCP) reached a new 52-week high during trading on Monday . The stock traded as high as GBX 80.71 and last traded at GBX 80.70, with a volume of 1828740 shares trading hands. The stock had previously closed at GBX 80.

Analysts Set New Price Targets

Separately, Jefferies Financial Group reissued a “no recommendation” rating on shares of GCP Infrastructure Investments in a report on Wednesday, July 1st.

GCP Infrastructure Investments Stock Performance

The firm has a market capitalization of £656.17 million, a PE ratio of 19.45 and a beta of 0.39. The business has a 50-day simple moving average of GBX 76.28 and a 200-day simple moving average of GBX 75.31. The company has a debt-to-equity ratio of 3.20, a current ratio of 3.21 and a quick ratio of 131.52.

GCP Infrastructure Investments (LON:GCP) last announced its earnings results on Thursday, June 4th. The company reported GBX 3.40 earnings per share for the quarter. GCP Infrastructure Investments had a net margin of 22.65% and a return on equity of 2.19%. The business had revenue of GBX 2,419 million for the quarter. Equities research analysts expect that GCP Infrastructure Investments Limited will post 8.2955771 earnings per share for the current fiscal year.

GCP Infrastructure Investments Company Profile

GCP Infrastructure Investment Limited (GCP Infra) is a Jersey-incorporated, closed ended investment company whose shares are traded on the main market of the London Stock Exchange. Its objective is to provide shareholders with regular, sustained distributions and to preserve capital over the long term by generating exposure primarily to UK infrastructure debt and related and/or similar assets which provide regular and predictable long term cashflows.

GCP Infra primarily targets investments in infrastructure projects with long term, public sector-backed, availability-based revenues.