Costain Group (LON:COST) Stock Crosses Above 200 Day Moving Average of $63.30

Costain Group PLC (LON:COST) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 63.30 ($0.79) and traded as high as GBX 79.60 ($0.99). Costain Group shares last traded at GBX 76.80 ($0.96), with a volume of 428,049 shares changing hands.

Costain Group Stock Down 1.0 %

The company has a market capitalization of £212.52 million, a PE ratio of 960.00, a P/E/G ratio of 1.63 and a beta of 2.40. 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 company has a 50-day moving average of GBX 69.80 and a two-hundred day moving average of GBX 63.30.

Costain Group Increases Dividend

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

Insider Activity

In other news, insider Alex Vaughan sold 282,443 shares of the business’s stock in a transaction dated Monday, April 8th. The stock was sold at an average price of GBX 78 ($0.97), for a total value of £220,305.54 ($274,250.64). Company insiders own 21.36% of the company’s stock.

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.