GCP Infrastructure Investments (LON:GCP) Stock Price Passes Above Two Hundred Day Moving Average - Time to Sell?

Key Points

• GCP Infrastructure Investments' stock price surpassed its 200-day moving average of GBX 73.86, reaching a high of GBX 75.75 during trading.
• The company has a market capitalization of £668.66 million and reported a net margin of 20.96% with a P/E ratio of 42.88.
• Analysts maintain a consensus “Buy” rating for the stock, with a target price set at GBX 90, indicating potential growth.

GCP Infrastructure Investments Limited (LON:GCP - Get Free Report)'s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 73.86 ($0.99) and traded as high as GBX 75.75 ($1.01). GCP Infrastructure Investments shares last traded at GBX 74 ($0.99), with a volume of 1,240,001 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Royal Bank Of Canada restated an "outperform" rating and set a GBX 90 target price on shares of GCP Infrastructure Investments in a report on Tuesday, July 1st. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, GCP Infrastructure Investments presently has an average rating of "Buy" and a consensus target price of GBX 90.

GCP Infrastructure Investments Trading Down 0.4%

The company has a market capitalization of £610.17 million, a P/E ratio of 6,295.65 and a beta of 0.34. The company has a 50 day moving average price of GBX 75.92 and a 200 day moving average price of GBX 73.79.

GCP Infrastructure Investments (LON:GCP - Get Free Report) last announced its quarterly earnings results on Thursday, June 12th. The company reported GBX 3.30 earnings per share (EPS) for the quarter. GCP Infrastructure Investments had a return on equity of 1.63% and a net margin of 20.96%. As a group, sell-side analysts forecast that GCP Infrastructure Investments Limited will post 8.2955771 EPS for the current fiscal 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.