Suncrete (NASDAQ:RMIX) Hits New 52-Week High – Still a Buy?

Suncrete (NASDAQ:RMIX) reached a new 52-week high on Monday . The company traded as high as $22.72 and last traded at $22.7060, with a volume of 984479 shares trading hands. The stock had previously closed at $21.88.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on RMIX. Jefferies Financial Group began coverage on shares of Suncrete in a research note on Friday, May 1st. They issued a “buy” rating and a $19.00 target price on the stock. Robert W. Baird began coverage on shares of Suncrete in a research note on Wednesday, May 27th. They issued an “outperform” rating and a $21.00 target price on the stock. Wall Street Zen raised shares of Suncrete to a “sell” rating in a research note on Saturday. Roth Mkm began coverage on shares of Suncrete in a research note on Thursday, May 14th. They issued a “buy” rating and a $21.00 target price on the stock. Finally, William Blair began coverage on shares of Suncrete in a research note on Monday, May 4th. They issued an “outperform” rating on the stock. Two analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $20.33.

Suncrete Stock Performance

The business has a 50 day moving average price of $16.19.

Suncrete Company Profile

Haymaker Acquisition Corp. 4 is a blank check company. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or other business combination with one or more businesses or entities. Haymaker Acquisition Corp. 4 is based in New York.