HICL Infrastructure (LON:HICL) Hits New 52-Week High – Should You Buy?

Shares of HICL Infrastructure PLC (LON:HICL) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 138.20 and last traded at GBX 138.18, with a volume of 2151323 shares changing hands. The stock had previously closed at GBX 135.57.

Analyst Ratings Changes

Separately, Jefferies Financial Group reissued a “hold” rating on shares of HICL Infrastructure in a research report on Friday, July 3rd. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

HICL Infrastructure Stock Performance

The firm’s 50 day moving average price is GBX 133.88 and its two-hundred day moving average price is GBX 125.73. The company has a market cap of £2.58 billion, a P/E ratio of 10.00 and a beta of 0.50.

HICL Infrastructure (LON:HICL) last posted its quarterly earnings results on Wednesday, May 27th. The company reported GBX 13.80 EPS for the quarter. HICL Infrastructure had a net margin of 88.60% and a return on equity of 8.82%. The business had revenue of £277.50 million during the quarter. As a group, analysts forecast that HICL Infrastructure PLC will post 12.4000007 EPS for the current fiscal year.

HICL Infrastructure Company Profile

HICL is a UK-listed infrastructure investment company. We invest in infrastructure for local communities and to support the delivery of essential services, working in partnership with the public and private sectors.