GCP - Watch for Continued Gains in Shares of GCP Applied Technologies Inc. (GCP)
Shares of GCP Applied Technologies Inc. (NYSE:GCP) traded today at $31.32, eclipsing its 52-week high. So far today approximately 5.7 million shares have been exchanged, as compared to an average 30-day volume of 490,000 shares.
GCP Applied Technologies Inc is a provider of construction products and technologies. Its business is spread across two segments. Its Specialty Construction Chemicals segment manufactures and markets products to reduce the cost and improve the performance of cement, concrete, mason and other cement-based construction materials. Its Specialty Building Materials segment creates products that protect structures from water, air, vapor, and fire damage. It generates maximum revenue from the Specialty Construction Chemicals segment. Geographically, it derives a majority of revenue from the United States.
Over the past year, GCP Applied Technologies Inc. has traded in a range of $20.76 to $31.32 and is now at $31.29, 51% above that low.
GCP Applied Technologies Inc. (NYSE:GCP) has potential upside of 369.8% based on a current price of $31.29 and analysts' consensus price target of $147.02.
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