GCP Infrastructure Investments (LON:GCP) Stock Price Crosses Above 200 Day Moving Average – Here’s What Happened

Shares of GCP Infrastructure Investments Limited (LON:GCPGet Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 76.13 and traded as high as GBX 83.40. GCP Infrastructure Investments shares last traded at GBX 83.20, with a volume of 962,451 shares traded.

Analyst Upgrades and Downgrades

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

View Our Latest Stock Analysis on GCP Infrastructure Investments

GCP Infrastructure Investments Stock Performance

The firm has a market capitalization of £672.56 million, a P/E ratio of 20.06 and a beta of 0.39. The stock has a fifty day simple moving average of GBX 78.32 and a two-hundred day simple moving average of GBX 76.13. The company has a debt-to-equity ratio of 3.20, a current ratio of 3.21 and a quick ratio of 131.52.

GCP Infrastructure Investments (LON:GCPGet Free Report) last announced its quarterly earnings data on Thursday, June 4th. The company reported GBX 3.40 earnings per share for the quarter. The firm had revenue of GBX 2,419 million for the quarter. GCP Infrastructure Investments had a net margin of 47.75% and a return on equity of 4.17%. On average, research analysts predict that GCP Infrastructure Investments Limited will post 8.2955771 EPS for the current year.

About GCP Infrastructure Investments

(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.

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