GCP Infrastructure Investments (LON:GCP) Share Price Crosses Above 200 Day Moving Average – Should You Sell?

GCP Infrastructure Investments Limited (LON:GCP) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 77.88 and traded as high as GBX 84. GCP Infrastructure Investments shares last traded at GBX 83.90, with a volume of 769,229 shares trading hands.

Analysts Set New Price Targets

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

GCP Infrastructure Investments Stock Performance

The company has a market capitalization of £659.81 million, a P/E ratio of 20.22 and a beta of 0.85. The company’s 50 day moving average is GBX 82.36 and its 200-day moving average is GBX 77.88. The company has a current ratio of 3.21, a quick ratio of 131.52 and a debt-to-equity ratio of 3.20.

GCP Infrastructure Investments (LON:GCP) last posted its quarterly earnings data on Thursday, June 4th. The company reported GBX 3.40 EPS for the quarter. The business 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%. Equities analysts anticipate that GCP Infrastructure Investments Limited will post 8.2955771 EPS for the current fiscal year.

GCP Infrastructure Investments Company Profile

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.