GCP Infrastructure Investments (LON:GCP) Stock Price Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Shares of GCP Infrastructure Investments Limited (LON:GCPGet Free Report) passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 75.76 and traded as high as GBX 83.80. GCP Infrastructure Investments shares last traded at GBX 83.60, with a volume of 7,012,927 shares.

Analyst Upgrades and Downgrades

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

View Our Latest Report on GCP

GCP Infrastructure Investments Price Performance

The company has a current ratio of 3.21, a quick ratio of 131.52 and a debt-to-equity ratio of 3.20. The stock has a market cap of £675.25 million, a PE ratio of 20.14 and a beta of 0.39. The company has a fifty day moving average of GBX 77.32 and a 200-day moving average of GBX 75.76.

GCP Infrastructure Investments (LON:GCPGet Free Report) last posted its earnings results on Thursday, June 4th. The company reported GBX 3.40 earnings per share (EPS) for the quarter. GCP Infrastructure Investments had a return on equity of 4.17% and a net margin of 47.75%.The firm had revenue of GBX 2,419 million for the quarter. Sell-side analysts expect that GCP Infrastructure Investments Limited will post 8.2955771 EPS for the current fiscal year.

GCP Infrastructure Investments Company Profile

(Get Free Report)

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.

Further Reading

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