GCP Infrastructure Investments Limited (LON:GCP - Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 72.22 ($0.99) and traded as high as GBX 74 ($1.02). GCP Infrastructure Investments shares last traded at GBX 73.30 ($1.01), with a volume of 2,908,651 shares trading hands.
Wall Street Analyst Weigh In
Separately, Royal Bank Of Canada reiterated an "outperform" rating and issued a GBX 90 ($1.24) target price on shares of GCP Infrastructure Investments in a report on Tuesday.
Check Out Our Latest Research Report on GCP
GCP Infrastructure Investments Trading Up 1.1%
The firm has a market cap of £667.76 million, a PE ratio of 42.82 and a beta of 0.34. The firm has a 50 day moving average price of GBX 72.10 and a 200-day moving average price of GBX 72.29.
GCP Infrastructure Investments (LON:GCP - Get Free Report) last issued its earnings results on Thursday, June 12th. The company reported GBX 3.30 ($0.05) earnings per share for the quarter. GCP Infrastructure Investments had a net margin of 20.96% and a return on equity of 1.63%. Equities analysts forecast that GCP Infrastructure Investments Limited will post 8.2955771 earnings per share for the current fiscal year.
Insider Activity at GCP Infrastructure Investments
In other GCP Infrastructure Investments news, insider Dawn Crichard purchased 14,009 shares of the business's stock in a transaction on Wednesday, April 9th. The shares were bought at an average cost of GBX 71 ($0.98) per share, for a total transaction of £9,946.39 ($13,668.26). Insiders own 0.33% of the company's stock.
GCP Infrastructure Investments Company Profile
(
Get Free Report)
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.
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