GCP Applied Technologies Inc. (NYSE:GCP)’s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $27.93 and last traded at $27.82, with a volume of 113,171 shares trading hands. The stock had previously closed at $27.26.

GCP has been the topic of a number of research analyst reports. Zacks Investment Research upgraded GCP Applied Technologies from a “hold” rating to a “buy” rating and set a $25.00 price target on the stock in a research note on Wednesday, May 4th. KeyCorp assumed coverage on GCP Applied Technologies in a report on Monday, May 16th. They issued a “sector weight” rating for the company. CL King assumed coverage on GCP Applied Technologies in a report on Wednesday, June 29th. They issued a “buy” rating for the company. Finally, Northcoast Research assumed coverage on GCP Applied Technologies in a research note on Wednesday, June 29th. They set a “buy” rating for the company. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $22.00.

The firm has a market capitalization of $1.92 billion and a price-to-earnings ratio of 52.49. The firm has a 50-day moving average price of $26.10 and a 200-day moving average price of $22.20.

GCP Applied Technologies (NYSE:GCP) last issued its quarterly earnings data on Tuesday, May 10th. The company reported $0.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.12. On average, equities analysts predict that GCP Applied Technologies Inc. will post $1.50 earnings per share for the current year.

GCP Applied Technologies Inc is a provider of products and technology solutions for customers in the specialty construction chemicals, specialty building materials and packaging sealants and coatings industries. The Company operates through three segments: Specialty Construction Chemicals (SCC), which provides products, technologies, and services that improve the performance of cement, concrete, mortar, masonry and other cementitious based construction materials; Specialty Building Materials (SBM), which produces and sells sheet and liquid membrane systems and other products that protect both new and existing structures from water, air, vapor penetration, and fire damage, and Darex Packaging Technologies, which produces and sells sealants and coatings for consumer and industrial applications to protect the integrity of packaged products.

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