GCP Infrastructure Investments’ (GCP) Buy Rating Reiterated at Jefferies Financial Group

GCP Infrastructure Investments (LON:GCP)‘s stock had its “buy” rating reissued by research analysts at Jefferies Financial Group in a research report issued on Tuesday, London Stock Exchange reports.

GCP Infrastructure Investments Trading Down 0.4%

Shares of LON:GCP traded down GBX 0.30 during midday trading on Tuesday, hitting GBX 81.20. The company had a trading volume of 3,620,082 shares, compared to its average volume of 2,553,639. The company has a current ratio of 3.21, a quick ratio of 131.52 and a debt-to-equity ratio of 3.20. GCP Infrastructure Investments has a 12 month low of GBX 69.70 and a 12 month high of GBX 86.30. The firm has a fifty day simple moving average of GBX 82.60 and a 200 day simple moving average of GBX 78.36. The stock has a market cap of £609.11 million, a price-to-earnings ratio of 19.57 and a beta of 0.82.

About GCP Infrastructure Investments

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.

GCP Infra primarily targets investments in infrastructure projects with long term, public sector-backed, availability-based revenues.