Costain Group (LON:COST) Shares Up 11.3% – What’s Next?

Shares of Costain Group PLC (LON:COST) shot up 11.3% on Monday . The company traded as high as GBX 97.20 ($1.21) and last traded at GBX 95.74 ($1.19). 22,979,559 shares were traded during trading, an increase of 812% from the average session volume of 2,519,368 shares. The stock had previously closed at GBX 86 ($1.07).

Costain Group Trading Up 11.3 %

The firm has a market cap of £260.72 million, a P/E ratio of 870.36, a price-to-earnings-growth ratio of 1.63 and a beta of 2.64. The business’s 50 day moving average is GBX 103.15 and its 200-day moving average is GBX 100.07. The company has a quick ratio of 1.32, a current ratio of 1.40 and a debt-to-equity ratio of 9.86.

Costain Group Company Profile

Costain helps to improve people’s lives by creating connected, sustainable infrastructure that enables people and the planet thrive. We shape, create and deliver pioneering solutions that transform the performance of the infrastructure ecosystem across the UK’s energy, water, transportation and defence markets.