Costain Group (LON:COST) Share Price Passes Above 200 Day Moving Average of $64.86

Shares of Costain Group PLC (LON:COST) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 64.86 ($0.81) and traded as high as GBX 84.20 ($1.06). Costain Group shares last traded at GBX 83.20 ($1.05), with a volume of 353,766 shares traded.

Costain Group Stock Down 1.0 %

The company has a debt-to-equity ratio of 11.08, a quick ratio of 1.32 and a current ratio of 1.39. The company has a market capitalization of £230.23 million, a price-to-earnings ratio of 1,040.00, a PEG ratio of 1.63 and a beta of 2.40. The business’s 50 day moving average is GBX 72.08 and its 200 day moving average is GBX 65.08.

Costain Group Increases Dividend

The company also recently announced a dividend, which will be paid on Tuesday, May 28th. Stockholders of record on Thursday, April 18th will be issued a dividend of GBX 0.80 ($0.01) per share. This represents a dividend yield of 1.18%. This is a positive change from Costain Group’s previous dividend of $0.40. The ex-dividend date is Thursday, April 18th. Costain Group’s payout ratio is 1,250.00%.

Insider Buying and Selling

In other Costain Group news, insider Alex Vaughan sold 282,443 shares of Costain Group stock in a transaction on Monday, April 8th. The shares were sold at an average price of GBX 78 ($0.98), for a total transaction of £220,305.54 ($276,730.99). 21.36% of the stock is owned by insiders.

Costain Group Company Profile

Costain Group PLC provides smart infrastructure solutions for the transportation, energy, water, and defense markets in the United Kingdom. The company operates through two segments, Transportation and Natural Resources. The Transportation segment operates in the road, rail, and integrated transport markets.