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

Shares of 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 Stock Up 0.8 %

The firm has a fifty day moving average price of GBX 70.03 and a 200 day moving average price of GBX 63.47. The company has a quick ratio of 1.32, a current ratio of 1.39 and a debt-to-equity ratio of 11.08. The company has a market cap of £208.65 million, a P/E ratio of 942.50, a PEG ratio of 1.63 and a beta of 2.40.

Costain Group Increases Dividend

The firm also recently announced 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. This represents a dividend yield of 1.18%. The ex-dividend date is Thursday, April 18th. This is a boost from Costain Group’s previous dividend of $0.40. Costain Group’s dividend payout ratio is presently 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 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.

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.