Suncrete (NASDAQ:RMIX) Hits New 1-Year High – What’s Next?

Suncrete (NASDAQ:RMIX)’s stock price reached a new 52-week high during trading on Tuesday . The stock traded as high as $18.94 and last traded at $18.71, with a volume of 664839 shares traded. The stock had previously closed at $17.37.

Analysts Set New Price Targets

A number of research firms recently issued reports on RMIX. Weiss Ratings initiated coverage on Suncrete in a report on Wednesday, April 29th. They issued a “sell (d+)” rating for the company. William Blair initiated coverage on Suncrete in a research report on Monday, May 4th. They set an “outperform” rating for the company. Jefferies Financial Group initiated coverage on shares of Suncrete in a report on Friday, May 1st. They issued a “buy” rating and a $19.00 target price on the stock. Roth Mkm started coverage on shares of Suncrete in a research note on Thursday, May 14th. They issued a “buy” rating and a $21.00 price target for the company. Finally, Robert W. Baird assumed coverage on shares of Suncrete in a report on Wednesday, May 27th. They set an “outperform” rating and a $21.00 price target for the company. Two research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Suncrete presently has a consensus rating of “Buy” and a consensus target price of $20.33.

Suncrete Trading Up 7.7%

Suncrete (NASDAQ:RMIX) last announced its quarterly earnings results on Friday, May 15th. The company reported $999.00 earnings per share (EPS) for the quarter. As a group, equities research analysts anticipate that Suncrete will post 0.23 EPS for the current year.

Suncrete Company Profile

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.