GCP Infrastructure Investments (LON:GCP) Reaches New 12-Month High – Here’s Why

GCP Infrastructure Investments Limited (LON:GCPGet Free Report) shares hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 85 and last traded at GBX 84.90, with a volume of 1445261 shares. The stock had previously closed at GBX 84.30.

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.

Get Our Latest Stock Analysis on GCP Infrastructure Investments

GCP Infrastructure Investments Stock Up 0.7%

The stock has a market capitalization of £644.70 million, a price-to-earnings ratio of 20.46 and a beta of 0.85. The firm has a 50 day simple moving average of GBX 82.49 and a 200-day simple moving average of GBX 77.95. 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 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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