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

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

Wall Street Analysts Forecast Growth

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

GCP Infrastructure Investments Stock Performance

The company has a debt-to-equity ratio of 3.20, a quick ratio of 131.52 and a current ratio of 3.21. The company’s 50-day moving average price is GBX 79.72 and its 200-day moving average price is GBX 76.60. The firm has a market capitalization of £675.25 million, a PE ratio of 20.14 and a beta of 0.82.

GCP Infrastructure Investments (LON:GCP) last posted its earnings results on Thursday, June 4th. The company reported GBX 3.40 EPS for the quarter. The firm had revenue of GBX 2,419 million for the quarter. GCP Infrastructure Investments had a return on equity of 4.17% and a net margin of 47.75%. On average, sell-side analysts expect that GCP Infrastructure Investments Limited will post 8.2955771 earnings per share for the current 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.