Suncrete (NASDAQ:RMIX) Sets New 52-Week High – Still a Buy?

Shares of Suncrete (NASDAQ:RMIX) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $25.50 and last traded at $25.0540, with a volume of 209 shares. The stock had previously closed at $24.84.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on RMIX shares. Roth Mkm started coverage on Suncrete in a report on Thursday, May 14th. They issued a “buy” rating and a $21.00 target price on the stock. Robert W. Baird initiated coverage on Suncrete in a research note on Wednesday, May 27th. They set an “outperform” rating and a $21.00 price target for the company. William Blair started coverage on shares of Suncrete in a research report on Monday, May 4th. They issued an “outperform” rating on the stock. Weiss Ratings assumed coverage on shares of Suncrete in a research note on Wednesday, April 29th. They issued a “sell (d+)” rating on the stock. Finally, Wall Street Zen upgraded shares of Suncrete to a “sell” rating in a report on Saturday, June 13th. Two analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat, Suncrete has an average rating of “Buy” and an average target price of $20.33.

Suncrete Price Performance

The firm has a 50-day moving average of $16.98.

About Suncrete

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.