Costain Group (LON:COST) Stock Price Passes Above 200-Day Moving Average - What's Next?

Costain Group PLC (LON:COST - Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 103.67 ($1.32) and traded as high as GBX 107.60 ($1.37). Costain Group shares last traded at GBX 99.90 ($1.28), with a volume of 7,602,657 shares trading hands.

Costain Group Price Performance

The stock has a market capitalization of £263.83 million, a P/E ratio of 8.79, a price-to-earnings-growth ratio of 1.63 and a beta of 2.64. The business has a fifty day simple moving average of GBX 104.86 and a 200 day simple moving average of GBX 103.56. The company has a current ratio of 1.40, a quick ratio of 1.32 and a debt-to-equity ratio of 9.86.

Costain Group (LON:COST - Get Free Report) last announced its quarterly 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 return on equity of 13.56% and a net margin of 2.33%. On average, analysts expect that Costain Group PLC will post 13.7551582 earnings per share for the current 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 issued a dividend of GBX 2 ($0.03) per share. The ex-dividend date of this dividend is Thursday, April 17th. This is a boost from Costain Group's previous dividend of $0.40. This represents a yield of 1.89%. Costain Group's payout ratio is 8.93%.

About Costain Group

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.