Costain Group (LON:COST) Sets New 52-Week High – Here’s Why

Costain Group PLC (LON:COST)’s stock price reached a new 52-week high during trading on Monday . The stock traded as high as GBX 124.60 ($1.66) and last traded at GBX 123 ($1.64), with a volume of 1108519 shares trading hands. The stock had previously closed at GBX 124.60 ($1.66).

Costain Group Stock Down 1.3%

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 market capitalization of £329.45 million, a PE ratio of 10.98, a P/E/G ratio of 1.63 and a beta of 2.64. The stock has a 50-day moving average of GBX 108.24 and a 200 day moving average of GBX 105.40.

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

Costain Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, May 29th. Stockholders of record on Thursday, April 17th will be given a GBX 2 ($0.03) dividend. This represents a dividend yield of 1.89%. This is an increase from Costain Group’s previous dividend of $0.40. The ex-dividend date of this dividend is Thursday, April 17th. Costain Group’s payout ratio is presently 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.