Costain Group PLC (LON:COST - Get Free Report) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 92.64 ($1.19) and traded as high as GBX 109.50 ($1.41). Costain Group shares last traded at GBX 105 ($1.35), with a volume of 1,173,033 shares.
Analyst Ratings Changes
Separately, Deutsche Bank Aktiengesellschaft raised their target price on shares of Costain Group from GBX 80 ($1.03) to GBX 105 ($1.35) and gave the stock a "hold" rating in a research note on Friday, August 23rd.
Check Out Our Latest Research Report on Costain Group
Costain Group Stock Performance
The company has a debt-to-equity ratio of 9.86, a quick ratio of 1.32 and a current ratio of 1.40. The company's fifty day moving average is GBX 102.99 and its two-hundred day moving average is GBX 92.64. The company has a market cap of £285.94 million, a price-to-earnings ratio of 968.18, a P/E/G ratio of 1.63 and a beta of 2.64.
Costain Group Cuts Dividend
The firm also recently announced a dividend, which was paid on Friday, October 18th. Stockholders of record on Thursday, September 12th were given a dividend of GBX 0.40 ($0.01) per share. The ex-dividend date was Thursday, September 12th. This represents a dividend yield of 0.42%. Costain Group's dividend payout ratio (DPR) is 909.09%.
Insider Activity at Costain Group
In related news, insider Helen Willis sold 234,555 shares of the stock in a transaction on Monday, October 28th. The stock was sold at an average price of GBX 107 ($1.38), for a total value of £250,973.85 ($322,962.10). 6.43% of the stock is owned by corporate insiders.
Costain Group Company Profile
(
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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.
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