GCP Infrastructure Investments Limited (LON:GCP – Get Free Report)’s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 76.48 and traded as high as GBX 83.60. GCP Infrastructure Investments shares last traded at GBX 83.60, with a volume of 1,880,619 shares changing hands.
Wall Street Analysts Forecast Growth
Separately, Jefferies Financial Group restated a “no recommendation” rating on shares of GCP Infrastructure Investments in a research note on Wednesday, July 1st.
Check Out Our Latest Analysis on GCP Infrastructure Investments
GCP Infrastructure Investments Stock Up 0.1%
GCP Infrastructure Investments (LON:GCP – Get Free Report) last posted its earnings results on Thursday, June 4th. The company reported GBX 3.40 EPS for the quarter. GCP Infrastructure Investments had a return on equity of 4.17% and a net margin of 47.75%.The business had revenue of GBX 2,419 million for the quarter. As a group, sell-side analysts anticipate that GCP Infrastructure Investments Limited will post 8.2955771 earnings per share for the current 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.
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