GCP Infrastructure Investments (LON:GCP) Sets New 52-Week High – Here’s What Happened

GCP Infrastructure Investments Limited (LON:GCP) reached a new 52-week high during trading on Monday . The company traded as high as GBX 85.70 and last traded at GBX 85.66, with a volume of 3825582 shares traded. The stock had previously closed at GBX 84.50.

Wall Street Analyst Weigh In

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

GCP Infrastructure Investments Trading Up 1.5%

The company has a current ratio of 3.21, a quick ratio of 131.52 and a debt-to-equity ratio of 3.20. The business has a 50 day simple moving average of GBX 83.03 and a two-hundred day simple moving average of GBX 78.41. The stock has a market cap of £651.19 million, a price-to-earnings ratio of 20.66 and a beta of 0.85.

About GCP Infrastructure Investments

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.