Costain Group (LON:COST) Stock Price Crosses Above 200-Day Moving Average - Should You Sell?

Shares of Costain Group PLC (LON:COST - Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 103.37 ($1.33) and traded as high as GBX 108 ($1.39). Costain Group shares last traded at GBX 106 ($1.37), with a volume of 4,226,669 shares.

Costain Group Stock Down 1.4 %

The company has a market cap of £282.58 million, a P/E ratio of 9.42, a price-to-earnings-growth ratio of 1.63 and a beta of 2.64. The company has a quick ratio of 1.32, a current ratio of 1.40 and a debt-to-equity ratio of 9.86. The company has a fifty day moving average of GBX 101.85 and a 200 day moving average of GBX 103.41.

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

Costain Group Increases Dividend

The firm also recently declared a dividend, which will be paid on Thursday, May 29th. Stockholders of record on Thursday, April 17th will be paid a dividend of GBX 2 ($0.03) per share. This represents a dividend yield of 1.89%. The ex-dividend date of this dividend is Thursday, April 17th. This is a boost from Costain Group's previous dividend of $0.40. Costain Group's dividend payout ratio (DPR) 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.