HICL Infrastructure (LON:HICL) Reaches New 1-Year High – Time to Buy?

HICL Infrastructure PLC (LON:HICL)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 138.20 and last traded at GBX 138.18, with a volume of 2151323 shares traded. The stock had previously closed at GBX 135.57.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group reissued a “hold” rating on shares of HICL Infrastructure in a research report on Friday, July 3rd. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the company currently has a consensus rating of “Hold”.

HICL Infrastructure Trading Up 1.8%

The stock has a 50 day moving average price of GBX 133.88 and a 200 day moving average price of GBX 125.73. The company has a market capitalization of £2.58 billion, a P/E ratio of 10.00 and a beta of 0.50.

HICL Infrastructure (LON:HICL) last posted its earnings results on Wednesday, May 27th. The company reported GBX 13.80 earnings per share for the quarter. The firm had revenue of £277.50 million for the quarter. HICL Infrastructure had a net margin of 88.60% and a return on equity of 8.82%. On average, research analysts predict that HICL Infrastructure PLC will post 12.4000007 EPS for the current year.

HICL Infrastructure Company Profile

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.