GCP Infrastructure Investments (LON:GCP) Sets New 1-Year High – What’s Next?

GCP Infrastructure Investments Limited (LON:GCP)’s stock price reached 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 traded. The stock had previously closed at GBX 80.

Wall Street Analysts Forecast Growth

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

GCP Infrastructure Investments Trading Up 0.9%

The stock has a market cap of £656.17 million, a PE ratio of 19.45 and a beta of 0.39. The firm has a 50-day moving average price of GBX 76.28 and a 200-day moving average price of GBX 75.31. The company has a debt-to-equity ratio of 3.20, a quick ratio of 131.52 and a current ratio of 3.21.

GCP Infrastructure Investments (LON:GCP) last released its quarterly earnings data on Thursday, June 4th. The company reported GBX 3.40 earnings per share for the quarter. The business had revenue of GBX 2,419 million during the quarter. GCP Infrastructure Investments had a net margin of 22.65% and a return on equity of 2.19%. As a group, equities analysts anticipate that GCP Infrastructure Investments Limited will post 8.2955771 EPS for the current fiscal 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.