GCP Infrastructure Investments Limited (LON:GCP – Get Free Report) shares passed above its 50 day moving average during trading on Wednesday. The stock has a 50 day moving average of GBX 82.54 and traded as high as GBX 83.30. GCP Infrastructure Investments shares last traded at GBX 83.16, with a volume of 16,259,094 shares changing hands.
Wall Street Analyst Weigh In
Separately, Jefferies Financial Group restated a “buy” rating on shares of GCP Infrastructure Investments in a research report on Tuesday, October 27th. One investment analyst has rated the stock with a Buy rating. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy”.
GCP Infrastructure Investments Price Performance
The stock has a market cap of £607.73 million, a P/E ratio of 19.52 and a beta of 0.82. The company has a debt-to-equity ratio of 3.20, a current ratio of 3.21 and a quick ratio of 131.52. The business’s fifty day moving average price is GBX 82.54 and its 200 day moving average price is GBX 78.64.
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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