GCP Infrastructure Investments (LON:GCP) Reaches New 12-Month High – Here’s Why

Shares of GCP Infrastructure Investments Limited (LON:GCPGet Free Report) reached a new 52-week high on Tuesday . The company traded as high as GBX 85 and last traded at GBX 84.90, with a volume of 1445261 shares trading hands. The stock had previously closed at GBX 84.30.

Analysts Set New Price Targets

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

Check Out Our Latest Analysis on GCP

GCP Infrastructure Investments Stock Up 0.7%

The company has a debt-to-equity ratio of 3.20, a current ratio of 3.21 and a quick ratio of 131.52. The firm has a market cap of £644.70 million, a price-to-earnings ratio of 20.46 and a beta of 0.85. The firm has a 50 day moving average price of GBX 82.49 and a 200-day moving average price of GBX 77.95.

GCP Infrastructure Investments Company Profile

(Get Free Report)

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.

Further Reading

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