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

Shares of GCP Infrastructure Investments Limited (LON:GCP) hit a new 52-week high during trading on Monday . The stock traded as high as GBX 80.71 and last traded at GBX 80.70, with a volume of 1828740 shares changing hands. The stock had previously closed at GBX 80.

Analysts Set New Price Targets

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

GCP Infrastructure Investments Stock Performance

The company has a market cap of £667.98 million, a P/E ratio of 19.93 and a beta of 0.39. The company’s 50-day moving average is GBX 76.58 and its two-hundred day moving average is GBX 75.45. The company has a quick ratio of 131.52, a current ratio of 3.21 and a debt-to-equity ratio of 3.20.

GCP Infrastructure Investments (LON:GCP) last announced its quarterly earnings data on Thursday, June 4th. The company reported GBX 3.40 EPS for the quarter. The business had revenue of GBX 2,419 million for the quarter. GCP Infrastructure Investments had a net margin of 22.65% and a return on equity of 2.19%. Equities analysts predict that GCP Infrastructure Investments Limited will post 8.2955771 EPS for the current year.

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.