Costain Group (LON:COST) Reaches New 52-Week High at $84.60

Costain Group PLC (LON:COST)’s stock price reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 84.60 ($1.04) and last traded at GBX 83.20 ($1.03), with a volume of 2241382 shares trading hands. The stock had previously closed at GBX 78.80 ($0.97).

Costain Group Stock Performance

The stock has a market capitalization of £223.04 million, a price-to-earnings ratio of 1,010.75, a P/E/G ratio of 1.63 and a beta of 2.40. The company’s fifty day simple moving average is GBX 70.90 and its 200 day simple moving average is GBX 64.20. The company has a quick ratio of 1.32, a current ratio of 1.39 and a debt-to-equity ratio of 11.08.

Costain Group Increases Dividend

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

Insider Transactions at Costain Group

In related news, insider Alex Vaughan sold 282,443 shares of the firm’s stock in a transaction that occurred on Monday, April 8th. The shares were sold at an average price of GBX 78 ($0.96), for a total value of £220,305.54 ($272,116.53). Company insiders own 21.36% of the company’s stock.

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.