Costain Group (LON:COST) Share Price Crosses Above 200 Day Moving Average – Time to Sell?

Costain Group PLC (LON:COST)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 103.67 ($1.34) and traded as high as GBX 107.60 ($1.39). Costain Group shares last traded at GBX 99.90 ($1.29), with a volume of 7,602,657 shares traded.

Costain Group Trading Down 6.8 %

The company has a debt-to-equity ratio of 9.86, a current ratio of 1.40 and a quick ratio of 1.32. The company has a market capitalization of £267.58 million, a P/E ratio of 8.92, a price-to-earnings-growth ratio of 1.63 and a beta of 2.64. The company has a fifty day simple moving average of GBX 104.45 and a two-hundred day simple moving average of GBX 103.68.

Costain Group (LON:COST) last posted its earnings results on Tuesday, March 11th. The company reported GBX 14.60 ($0.19) earnings per share (EPS) for the quarter. Costain Group had a net margin of 2.33% and a return on equity of 13.56%. On average, analysts forecast that Costain Group PLC will post 13.7551582 earnings per share for the current fiscal year.

Costain Group Increases Dividend

The company also recently declared a dividend, which will be paid on Thursday, May 29th. Investors of record on Thursday, April 17th will be paid a dividend of GBX 2 ($0.03) per share. This represents a yield of 1.89%. This is a positive change from Costain Group’s previous dividend of $0.40. The ex-dividend date of this dividend is Thursday, April 17th. Costain Group’s payout ratio is currently 8.93%.

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.