GCP Applied Technologies Inc. (GCP) Trading Up 6%
GCP Applied Technologies Inc. (NYSE:GCP) shares were up 6% during trading on Monday . The stock traded as high as $29.08 and last traded at $29.08, with a volume of 234,029 shares. The stock had previously closed at $27.43.
Several research analysts have recently commented on GCP shares. CL King started coverage on GCP Applied Technologies in a report on Wednesday, June 29th. They issued a “buy” rating on the stock. Northcoast Research started coverage on GCP Applied Technologies in a report on Wednesday, June 29th. They issued a “buy” rating on the stock. Zacks Investment Research upgraded GCP Applied Technologies from a “hold” rating to a “buy” rating and set a $25.00 price objective on the stock in a report on Wednesday, May 4th. Finally, KeyCorp assumed coverage on GCP Applied Technologies in a report on Monday, May 16th. They set a “sector weight” rating on the stock. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the stock. GCP Applied Technologies presently has an average rating of “Hold” and an average price target of $22.00.
The stock’s 50-day moving average price is $26.86 and its 200 day moving average price is $22.75. The firm has a market cap of $2.05 billion and a P/E ratio of 52.21.
GCP Applied Technologies (NYSE:GCP) last released its quarterly earnings data on Wednesday, August 10th. The company reported $0.44 EPS for the quarter, missing the consensus estimate of $0.48 by $0.04. Analysts forecast that GCP Applied Technologies Inc. will post $1.49 earnings per share for the current year.
GCP Applied Technologies Inc (GCP) is engaged in the production and sale of specialty construction chemicals, specialty building materials, and packaging sealants and coatings. The Company operates through three segments: Specialty Construction Chemicals (SCC), Specialty Building Materials (SBM) and Darex Packaging Technologies (Darex).
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.