Suncrete (NASDAQ:RMIX) Stock Price Up 9% – Should You Buy?

Suncrete (NASDAQ:RMIX)’s share price shot up 9% during trading on Wednesday . The company traded as high as $20.34 and last traded at $20.3850. 115,606 shares were traded during trading, a decline of 55% from the average session volume of 256,667 shares. The stock had previously closed at $18.71.

Wall Street Analyst Weigh In

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

Suncrete Stock Performance

Suncrete (NASDAQ:RMIX) last announced its quarterly earnings data on Friday, May 15th. The company reported $999.00 earnings per share (EPS) for the quarter. Equities 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.