Costain Group (LON:COST) Sets New 1-Year High at $86.60

Costain Group PLC (LON:COST) hit a new 52-week high during mid-day trading on Friday . The stock traded as high as GBX 86.60 ($1.09) and last traded at GBX 84.60 ($1.06), with a volume of 659879 shares trading hands. The stock had previously closed at GBX 85 ($1.07).

Costain Group Trading Down 0.5 %

The company has a debt-to-equity ratio of 11.08, a current ratio of 1.39 and a quick ratio of 1.32. The stock’s 50 day moving average is GBX 73.13 and its 200-day moving average is GBX 65.58. The company has a market capitalization of £234.11 million, a P/E ratio of 1,057.50, a P/E/G ratio of 1.63 and a beta of 2.40.

Costain Group Increases Dividend

The company also recently announced a dividend, which will be paid on Tuesday, May 28th. Stockholders of record on Thursday, April 18th will be given a GBX 0.80 ($0.01) dividend. The ex-dividend date of this dividend is Thursday, April 18th. This represents a dividend yield of 1.18%. This is a positive change from Costain Group’s previous dividend of $0.40. Costain Group’s dividend payout ratio is currently 1,250.00%.

Insider Activity

In other news, insider Alex Vaughan sold 282,443 shares of the business’s stock in a transaction on Monday, April 8th. The shares were sold at an average price of GBX 78 ($0.98), for a total transaction of £220,305.54 ($276,730.99). 21.36% of the stock is currently owned by company insiders.

Costain Group Company Profile

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.