Free Trial

Costain Group (LON:COST) Share Price Crosses Above 200-Day Moving Average - Here's Why

Costain Group logo with Industrials background

Shares of Costain Group PLC (LON:COST - Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 93.40 ($1.18) and traded as high as GBX 103 ($1.30). Costain Group shares last traded at GBX 101.50 ($1.28), with a volume of 670,701 shares traded.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft raised their price target on Costain Group from GBX 80 ($1.01) to GBX 105 ($1.33) and gave the company a "hold" rating in a research report on Friday, August 23rd.

Read Our Latest Report on Costain Group

Costain Group Price Performance

The company has a market cap of £273.68 million, a PE ratio of 922.73, a price-to-earnings-growth ratio of 1.63 and a beta of 2.64. The business has a 50 day moving average of GBX 102.99 and a 200 day moving average of GBX 93.40. The company has a debt-to-equity ratio of 9.86, a current ratio of 1.40 and a quick ratio of 1.32.

Insider Activity at Costain Group

In other Costain Group news, insider Helen Willis sold 234,555 shares of the firm's stock in a transaction that occurred on Monday, October 28th. The shares were sold at an average price of GBX 107 ($1.35), for a total transaction of £250,973.85 ($317,567.82). 6.43% of the stock is currently owned by corporate insiders.

Costain Group Company Profile

(Get Free Report)

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.

See Also

Should you invest $1,000 in Costain Group right now?

Before you consider Costain Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Costain Group wasn't on the list.

While Costain Group currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Unlock the Potential in Options Trading Cover

Options trading isn’t just for the Wall Street elite; it’s an accessible strategy for anyone armed with the proper knowledge. Think of options as a strategic toolkit, with each tool designed for a specific financial task. Keep reading to learn how options trading can help you use the market’s volatility to your advantage.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Netflix’s Bold Moves: 4 Strategies for Explosive Growth

Netflix’s Bold Moves: 4 Strategies for Explosive Growth

Netflix is shaking up the streaming world again with its new ad-supported tier, leading to a surge in subscribers and revenue.

Recent Videos

’Best Report in 2 Years’: NVIDIA Earnings Crushes Expectations Again
Palantir and the NASDAQ 100: What’s the Next Big Stock Swing for This AI Giant?
Rocket Lab Stock Explodes Higher—What’s Next for This Space Pioneer?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines