GCP Applied Technologies Inc. (GCP) Sets New 12-Month High at $29.68
GCP Applied Technologies Inc. (NYSE:GCP) shares hit a new 52-week high during mid-day trading on Friday . The company traded as high as $29.68 and last traded at $29.23, with a volume of 81,782 shares changing hands. The stock had previously closed at $28.98.
A number of research analysts have issued reports on the stock. Zacks Investment Research raised shares of GCP Applied Technologies from a “sell” rating to a “hold” rating in a research report on Wednesday. Northcoast Research assumed coverage on shares of GCP Applied Technologies in a research report on Wednesday, June 29th. They set a “buy” rating on the stock. CL King assumed coverage on shares of GCP Applied Technologies in a research report on Wednesday, June 29th. They set a “buy” rating on the stock. Finally, KeyCorp assumed coverage on shares of GCP Applied Technologies in a research report on Monday, May 16th. They set a “sector weight” rating on the stock. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $22.00.
The firm has a market cap of $2.08 billion and a PE ratio of 53.00. The firm has a 50 day moving average price of $27.84 and a 200-day moving average price of $23.31.
GCP Applied Technologies (NYSE:GCP) last posted its earnings results on Wednesday, August 10th. The company reported $0.44 EPS for the quarter, missing analysts’ consensus estimates of $0.48 by $0.04. On average, analysts anticipate that GCP Applied Technologies Inc. will post $1.49 earnings per share for the current fiscal 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).
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