HICL Infrastructure (LON:HICL) Hits New 1-Year High – What’s Next?

HICL Infrastructure PLC (LON:HICL) shares reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 136.60 and last traded at GBX 136.60, with a volume of 2997799 shares traded. The stock had previously closed at GBX 133.80.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group reaffirmed a “hold” rating on shares of HICL Infrastructure in a research note on Thursday, May 28th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has a consensus rating of “Hold”.

HICL Infrastructure Stock Performance

The firm has a market capitalization of £2.52 billion, a PE ratio of 9.76 and a beta of 0.51. The stock has a fifty day moving average price of GBX 129.32 and a 200-day moving average price of GBX 122.45.

HICL Infrastructure (LON:HICL) last issued its quarterly earnings data on Wednesday, May 27th. The company reported GBX 13.80 earnings per share for the quarter. HICL Infrastructure had a return on equity of 8.83% and a net margin of 96.11%.The firm had revenue of £277.50 million during the quarter. Research analysts expect that HICL Infrastructure PLC will post 12.4000007 earnings per share 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.