Insider Selling: Costain Group PLC (LON:COST) Insider Sells 234,555 Shares of Stock

Costain Group PLC (LON:COST - Get Free Report) insider Helen Willis sold 234,555 shares of Costain Group stock in a transaction dated Monday, October 28th. The stock was sold at an average price of GBX 107 ($1.39), for a total value of £250,973.85 ($325,475.10).

Costain Group Price Performance

Shares of LON COST traded up GBX 3.50 ($0.05) during mid-day trading on Wednesday, hitting GBX 109 ($1.41). 1,117,221 shares of the company's stock traded hands, compared to its average volume of 922,520. The company has a market capitalization of £296.83 million, a P/E ratio of 988.65, a PEG ratio of 1.63 and a beta of 2.64. The company has a debt-to-equity ratio of 9.86, a current ratio of 1.40 and a quick ratio of 1.32. The company's 50-day moving average is GBX 102.05 and its two-hundred day moving average is GBX 90.58. Costain Group PLC has a 1 year low of GBX 47.20 ($0.61) and a 1 year high of GBX 109.89 ($1.43).

Costain Group Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, October 18th. Investors of record on Thursday, September 12th were given a GBX 0.40 ($0.01) dividend. This represents a dividend yield of 0.42%. The ex-dividend date was Thursday, September 12th. Costain Group's payout ratio is currently 909.09%.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft lifted their target price on shares of Costain Group from GBX 80 ($1.04) to GBX 105 ($1.36) and gave the stock a "hold" rating in a research note on Friday, August 23rd.

About Costain Group

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.