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.

Costain Group Price Performance

The stock’s fifty day moving average price is GBX 69.80 and its 200-day moving average price is GBX 63.30. The firm has a market cap of £212.52 million, a price-to-earnings ratio of 960.00, a P/E/G ratio of 1.63 and a beta of 2.40. The company has a current ratio of 1.39, a quick ratio of 1.32 and a debt-to-equity ratio of 11.08.

Costain Group Increases Dividend

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

Insider Transactions at Costain Group

In related news, insider Alex Vaughan sold 282,443 shares of Costain Group stock in a transaction that occurred on Monday, April 8th. The shares were sold at an average price of GBX 78 ($0.97), for a total value of £220,305.54 ($274,250.64). 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.