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

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

Costain Group Stock Down 0.5 %

The stock has a 50 day moving average price of GBX 73.13 and a 200 day moving average price of GBX 65.67. The company has a debt-to-equity ratio of 11.08, a quick ratio of 1.32 and a current ratio of 1.39. The company has a market capitalization of £234.11 million, a P/E ratio of 1,057.50, a PEG ratio of 1.63 and a beta of 2.40.

Costain Group Increases Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, May 28th. Shareholders of record on Thursday, April 18th will be given 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 is Thursday, April 18th. This represents a yield of 1.18%. Costain Group’s payout ratio is currently 1,250.00%.

Insider Buying and Selling at Costain Group

In other Costain Group news, insider Alex Vaughan sold 282,443 shares of the stock in a transaction on Monday, April 8th. The stock was sold at an average price of GBX 78 ($0.98), for a total transaction of £220,305.54 ($276,730.99). Corporate 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.