Suncrete (NASDAQ:RMIX) Reaches New 52-Week High – Time to Buy?

Suncrete (NASDAQ:RMIX)’s stock price hit a new 52-week high during trading on Monday . The stock traded as high as $25.50 and last traded at $25.0540, with a volume of 209 shares. The stock had previously closed at $24.84.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. Weiss Ratings initiated coverage on Suncrete in a report on Wednesday, April 29th. They issued a “sell (d+)” rating for the company. William Blair assumed coverage on Suncrete in a report on Monday, May 4th. They set an “outperform” rating on the stock. Robert W. Baird started coverage on Suncrete in a research report on Wednesday, May 27th. They set an “outperform” rating and a $21.00 price target for the company. Wall Street Zen upgraded Suncrete to a “sell” rating in a research note on Saturday, June 13th. Finally, Roth Mkm assumed coverage on Suncrete in a research note on Thursday, May 14th. They issued a “buy” rating and a $21.00 price target for the company. Two research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $20.33.

Suncrete Stock Down 11.7%

The business has a fifty day moving average of $17.17.

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.