Suncrete (NASDAQ:RMIX) Trading Down 6.8% – Time to Sell?

Suncrete (NASDAQ:RMIXGet Free Report) was down 6.8% on Wednesday . The stock traded as low as $19.33 and last traded at $19.1450. 90,229 shares were traded during mid-day trading, a decline of 77% from the average session volume of 394,612 shares. The stock had previously closed at $20.55.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the stock. Robert W. Baird assumed coverage on shares of Suncrete in a research report on Wednesday, May 27th. They set an “outperform” rating and a $21.00 price target on the stock. William Blair started coverage on Suncrete in a research report on Monday, May 4th. They set an “outperform” rating on the stock. B. Riley Financial began coverage on Suncrete in a report on Wednesday, June 24th. They issued a “buy” rating and a $26.00 target price for the company. Weiss Ratings started coverage on Suncrete in a research report on Wednesday, April 29th. They set a “sell (d+)” rating for the company. Finally, Wall Street Zen raised shares of Suncrete to a “sell” rating in a report on Saturday, June 13th. Two investment analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $21.75.

Read Our Latest Research Report on Suncrete

Suncrete Trading Down 6.6%

The business has a fifty day moving average of $18.85.

Suncrete (NASDAQ:RMIXGet Free Report) last announced its quarterly earnings results on Friday, May 15th. The company reported ($0.60) earnings per share for the quarter. The company had revenue of ($14.49) million for the quarter. On average, research analysts anticipate that Suncrete will post 0.21 earnings per share for the current fiscal year.

Suncrete Company Profile

(Get Free Report)

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.

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