HICL Infrastructure (LON:HICL) Reaches New 12-Month High – Should You Buy?

HICL Infrastructure PLC (LON:HICL) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 135.80 and last traded at GBX 135.80, with a volume of 3453363 shares trading hands. The stock had previously closed at GBX 134.20.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group reissued a “hold” rating on shares of HICL Infrastructure in a report on Thursday, May 28th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, HICL Infrastructure currently has a consensus rating of “Hold”.

HICL Infrastructure Price Performance

The business has a 50-day moving average of GBX 128.34 and a two-hundred day moving average of GBX 121.92. The company has a market cap of £2.52 billion, a P/E ratio of 9.75 and a beta of 0.51.

HICL Infrastructure (LON:HICL) last released its quarterly earnings results on Wednesday, May 27th. The company reported GBX 13.80 EPS for the quarter. HICL Infrastructure had a net margin of 96.11% and a return on equity of 8.83%. The business had revenue of £277.50 million during the quarter. Equities analysts anticipate that HICL Infrastructure PLC will post 12.4000007 EPS for the current fiscal year.

About HICL Infrastructure

HICL is a UK-listed infrastructure investment company. We invest in infrastructure for local communities and to support the delivery of essential services, working in partnership with the public and private sectors.