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

GCP Infrastructure Investments Limited (LON:GCP)’s stock price 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.

Analyst Upgrades and Downgrades

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

GCP Infrastructure Investments Stock Performance

The company has a market cap of £651.19 million, a P/E ratio of 20.66 and a beta of 0.85. The company has a quick ratio of 131.52, a current ratio of 3.21 and a debt-to-equity ratio of 3.20. The company has a 50 day moving average price of GBX 83.03 and a 200-day moving average price of GBX 78.41.

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.