Suncrete (NASDAQ:RMIX) Sets New 52-Week High – Still a Buy?

Suncrete (NASDAQ:RMIX) shares reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $25.50 and last traded at $25.0540, with a volume of 209 shares. The stock had previously closed at $24.84.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the stock. Wall Street Zen raised shares of Suncrete to a “sell” rating in a research report on Saturday, June 13th. Jefferies Financial Group started coverage on Suncrete in a report on Friday, May 1st. They set a “buy” rating and a $19.00 price objective on the stock. Robert W. Baird initiated coverage on shares of Suncrete in a research report on Wednesday, May 27th. They set an “outperform” rating and a $21.00 price target on the stock. Weiss Ratings initiated coverage on shares of Suncrete in a report on Wednesday, April 29th. They issued a “sell (d+)” rating for the company. Finally, Roth Mkm started coverage on Suncrete in a research report on Thursday, May 14th. They set a “buy” rating and a $21.00 price objective for the company. Two analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Suncrete has an average rating of “Buy” and an average price target of $20.33.

Suncrete Trading Down 0.0%

The company’s 50 day moving average is $16.98.

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.