Suncrete (NASDAQ:RMIX) Reaches New 12-Month High – Time to Buy?

Shares of Suncrete (NASDAQ:RMIX) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $18.94 and last traded at $18.71, with a volume of 664839 shares. The stock had previously closed at $17.37.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on RMIX shares. Roth Mkm assumed coverage on Suncrete in a report on Thursday, May 14th. They issued a “buy” rating and a $21.00 target price for the company. Robert W. Baird began coverage on Suncrete in a research report on Wednesday, May 27th. They set an “outperform” rating and a $21.00 price target on the stock. Weiss Ratings assumed coverage on Suncrete in a research note on Wednesday, April 29th. They issued a “sell (d+)” rating for the company. Jefferies Financial Group assumed coverage on shares of Suncrete in a research report on Friday, May 1st. They set a “buy” rating and a $19.00 target price on the stock. Finally, William Blair began coverage on shares of Suncrete in a report on Monday, May 4th. They issued an “outperform” rating on the stock. Two analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $20.33.

Suncrete Price Performance

Suncrete (NASDAQ:RMIX) last announced its quarterly earnings data on Friday, May 15th. The company reported $999.00 earnings per share for the quarter. On average, research analysts predict that Suncrete will post 0.23 earnings per share for the current fiscal year.

Suncrete Company Profile

Haymaker Acquisition Corp. 4 is a blank check company. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or other business combination with one or more businesses or entities. Haymaker Acquisition Corp. 4 is based in New York.