Costain Group (LON:COST) Reaches New 52-Week High at $86.60

Costain Group PLC (LON:COST)’s stock price 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 changing hands. The stock had previously closed at GBX 85 ($1.07).

Costain Group Price Performance

The firm has a market cap 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. The company has a fifty day moving average of GBX 73.13 and a 200-day moving average of GBX 65.58. The company has a debt-to-equity ratio of 11.08, a current ratio of 1.39 and a quick ratio of 1.32.

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 paid a GBX 0.80 ($0.01) dividend. This is a positive change from Costain Group’s previous dividend of $0.40. The ex-dividend date of this dividend is Thursday, April 18th. This represents a dividend yield of 1.18%. Costain Group’s dividend payout ratio is presently 1,250.00%.

Insider Activity at Costain Group

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

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.