HICL Infrastructure (LON:HICL) Hits New 1-Year High – What’s Next?

HICL Infrastructure PLC (LON:HICL)’s stock price hit a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 136 and last traded at GBX 135.40, with a volume of 128161 shares trading hands. The stock had previously closed at GBX 133.40.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group reissued a “hold” rating on shares of HICL Infrastructure in a research note on Thursday, May 28th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company currently has an average rating of “Hold”.

HICL Infrastructure Trading Up 1.5%

The firm has a market capitalization of £2.54 billion, a P/E ratio of 9.81 and a beta of 0.51. The business has a 50-day moving average of GBX 126.86 and a 200 day moving average of GBX 121.08.

HICL Infrastructure (LON:HICL) last issued its earnings results on Wednesday, May 27th. The company reported GBX 13.80 EPS for the quarter. HICL Infrastructure had a return on equity of 8.83% and a net margin of 96.11%.The business had revenue of £277.50 million during the quarter. As a group, research analysts forecast that HICL Infrastructure PLC will post 12.4000007 EPS for the current year.

About HICL Infrastructure

HICL is a UK-listed infrastructure investment company. We invest in infrastructure for local communities and to support the delivery of essential services, working in partnership with the public and private sectors.