Suncrete (NASDAQ:RMIX – Get Free Report)’s stock price fell 6.8% during trading on Wednesday . The company traded as low as $19.33 and last traded at $19.1450. Approximately 90,229 shares traded hands during mid-day trading, a decline of 77% from the average daily volume of 394,612 shares. The stock had previously closed at $20.55.
Analyst Ratings Changes
A number of research analysts recently weighed in on the company. Wall Street Zen raised Suncrete to a “sell” rating in a report on Saturday, June 13th. B. Riley Financial started coverage on shares of Suncrete in a report on Wednesday, June 24th. They set a “buy” rating and a $26.00 price objective on the stock. Jefferies Financial Group started coverage on shares of Suncrete in a report on Friday, May 1st. They issued a “buy” rating and a $19.00 target price for the company. William Blair initiated coverage on Suncrete in a report on Monday, May 4th. They issued an “outperform” rating on the stock. Finally, Weiss Ratings assumed coverage on Suncrete in a report on Wednesday, April 29th. They set a “sell (d+)” rating for the company. Two equities research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Suncrete has an average rating of “Buy” and a consensus price target of $21.75.
Read Our Latest Stock Analysis on Suncrete
Suncrete Stock Performance
Suncrete (NASDAQ:RMIX – Get Free Report) last issued its quarterly earnings results on Friday, May 15th. The company reported ($0.60) earnings per share (EPS) for the quarter. The business had revenue of ($14.49) million during the quarter. As a group, research analysts forecast that Suncrete will post 0.21 earnings per share for the current fiscal year.
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.
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