Suncrete (NASDAQ:RMIX) Sets New 52-Week High – Should You Buy?

Suncrete (NASDAQ:RMIX) shares reached a new 52-week high during mid-day trading on Monday . The company traded as high as $22.72 and last traded at $22.7060, with a volume of 984479 shares traded. The stock had previously closed at $21.88.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on RMIX shares. Weiss Ratings started coverage on shares of Suncrete in a report on Wednesday, April 29th. They issued a “sell (d+)” rating on the stock. Wall Street Zen raised shares of Suncrete to a “sell” rating in a report on Saturday. William Blair assumed coverage on shares of Suncrete in a research report on Monday, May 4th. They set an “outperform” rating for the company. Roth Mkm initiated coverage on shares of Suncrete in a report on Thursday, May 14th. They issued a “buy” rating and a $21.00 price target on the stock. Finally, Robert W. Baird initiated coverage on shares of Suncrete in a report on Wednesday, May 27th. They issued an “outperform” rating and a $21.00 price target on the stock. Two research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $20.33.

Suncrete Stock Up 1.9%

The stock’s 50-day moving average is $16.49.

About Suncrete

Haymaker Acquisition Corp. 4 is a blank check company. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or other business combination with one or more businesses or entities. Haymaker Acquisition Corp. 4 is based in New York.