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Costain Group (LON:COST) Stock Price Up 11.3% - Should You Buy?

Costain Group logo with Industrials background

Costain Group PLC (LON:COST - Get Free Report) shot up 11.3% on Monday . The company traded as high as GBX 97.20 ($1.21) and last traded at GBX 95.74 ($1.19). 22,979,559 shares were traded during mid-day trading, an increase of 812% from the average session volume of 2,519,368 shares. The stock had previously closed at GBX 86 ($1.07).

Costain Group Price Performance

The company has a 50 day simple moving average of GBX 103.29 and a 200-day simple moving average of GBX 100.01. The stock has a market cap of £260.72 million, a price-to-earnings ratio of 870.36, a P/E/G ratio of 1.63 and a beta of 2.64. The company has a current ratio of 1.40, a quick ratio of 1.32 and a debt-to-equity ratio of 9.86.

About Costain Group

(Get Free Report)

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.

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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