Costain Group (LON:COST) Hits New 52-Week High at $84.60

Costain Group PLC (LON:COST)’s share price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 84.60 ($1.04) and last traded at GBX 83.20 ($1.03), with a volume of 2241382 shares. The stock had previously closed at GBX 78.80 ($0.97).

Costain Group Price Performance

The stock has a market cap of £223.04 million, a PE ratio of 1,010.75, 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. The company’s 50 day moving average is GBX 70.90 and its 200-day moving average is GBX 64.20.

Costain Group Increases Dividend

The company also recently declared a dividend, which will be paid on Tuesday, May 28th. Investors of record on Thursday, April 18th will be paid a dividend of GBX 0.80 ($0.01) per share. This is an increase 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 1,250.00%.

Insider Buying and Selling

In related news, insider Alex Vaughan sold 282,443 shares of Costain Group stock in a transaction on Monday, April 8th. The shares were sold at an average price of GBX 78 ($0.96), for a total transaction of £220,305.54 ($272,116.53). 21.36% of the stock is currently 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.