GCP Infrastructure Investments (LON:GCP) Sets New 12-Month High – What’s Next?

GCP Infrastructure Investments Limited (LON:GCP) reached a new 52-week high on Monday . The stock traded as high as GBX 84 and last traded at GBX 83.60, with a volume of 1839907 shares changing hands. The stock had previously closed at GBX 83.60.

Analysts Set New Price Targets

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

GCP Infrastructure Investments Price Performance

The company has a market capitalization of £675.25 million, a PE ratio of 20.14 and a beta of 0.82. 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 stock’s 50 day simple moving average is GBX 79.72 and its 200-day simple moving average is GBX 76.60.

GCP Infrastructure Investments (LON:GCP) last announced its quarterly earnings data on Thursday, June 4th. The company reported GBX 3.40 earnings per share for the quarter. GCP Infrastructure Investments had a net margin of 47.75% and a return on equity of 4.17%. The firm had revenue of GBX 2,419 million during the quarter. As a group, equities analysts forecast 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.