Suncrete (NASDAQ:RMIX) Hits New 52-Week High – Should You Buy?

Suncrete (NASDAQ:RMIX) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $18.59 and last traded at $18.40, with a volume of 23099 shares. The stock had previously closed at $17.63.

Analyst Ratings Changes

RMIX has been the subject of a number of recent research reports. Roth Mkm started coverage on Suncrete in a research report on Thursday. They set a “buy” rating and a $21.00 price objective for the company. Jefferies Financial Group assumed coverage on Suncrete in a report on Friday, May 1st. They set a “buy” rating and a $19.00 price target for the company. Weiss Ratings began coverage on shares of Suncrete in a research report on Wednesday, April 29th. They issued a “sell (d+)” rating on the stock. Finally, William Blair initiated coverage on shares of Suncrete in a research report on Monday, May 4th. They set an “outperform” rating for the company. Three research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $20.00.

Suncrete Stock Performance

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.