GCP Infrastructure Investments (LON:GCP) Sets New 52-Week High – Here’s Why

GCP Infrastructure Investments Limited (LON:GCP) reached a new 52-week high on Tuesday . The stock 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.

Analysts Set New Price Targets

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

GCP Infrastructure Investments Trading Down 0.8%

The company has a debt-to-equity ratio of 3.20, a quick ratio of 131.52 and a current ratio of 3.21. The company has a 50 day simple moving average of GBX 82.75 and a two-hundred day simple moving average of GBX 78.06. The company has a market cap of £637.11 million, a PE ratio of 20.22 and a beta of 0.85.

About GCP Infrastructure Investments

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.