Suncrete (NASDAQ:RMIX) Sets New 12-Month High on Analyst Upgrade

Shares of Suncrete (NASDAQ:RMIX) hit a new 52-week high on Thursday after Roth Mkm upgraded the stock to a strong-buy rating. The stock traded as high as $18.59 and last traded at $18.40, with a volume of 23099 shares trading hands. The stock had previously closed at $17.63.

Several other brokerages also recently weighed in on RMIX. Weiss Ratings started coverage on Suncrete in a report on Wednesday, April 29th. They set a “sell (d+)” rating for the company. William Blair assumed coverage on shares of Suncrete in a research note on Monday, May 4th. They issued an “outperform” rating on the stock. Finally, Jefferies Financial Group began coverage on shares of Suncrete in a research report on Friday, May 1st. They set a “buy” rating and a $19.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $20.00.

Suncrete Trading Up 0.8%

Suncrete (NASDAQ:RMIX) last released its earnings results on Friday, May 15th. The company reported $999.00 EPS for the quarter. Sell-side analysts anticipate that Suncrete will post 0.2 EPS for the current year.

About Suncrete

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.