Costain Group (LON:COST) Reaches New 12-Month High - Should You Buy?

Key Points

• Costain Group PLC shares reached a new 12-month high, trading at GBX 159.82 ($2.15) with a market cap of £421.12 million.
• Insiders have sold a total of 612,435 shares worth approximately $87.5 million over the last three months, indicating significant insider selling activity.
• The company showcases strong liquidity ratios with a current ratio of 1.40 and a quick ratio of 1.32, suggesting healthy financial stability.

Costain Group PLC (LON:COST - ) shares hit a new 52-week high on Monday . The company traded as high as GBX 159.82 ($2.15) and last traded at GBX 157.23 ($2.11), with a volume of 1485155 shares changing hands. The stock had previously closed at GBX 158 ($2.12).

Costain Group Stock Performance

The company has a current ratio of 1.40, a quick ratio of 1.32 and a debt-to-equity ratio of 9.86. The firm has a 50-day moving average of GBX 138.89 and a 200-day moving average of GBX 116.83. The stock has a market capitalization of £421.12 million, a price-to-earnings ratio of 14.04, a P/E/G ratio of 1.63 and a beta of 2.64.

Insider Buying and Selling at Costain Group

In other Costain Group news, insider Helen Willis sold 100,082 shares of the stock in a transaction dated Tuesday, June 24th. The stock was sold at an average price of GBX 142 ($1.91), for a total transaction of £142,116.44 ($190,965.39). Also, insider Alex Vaughan sold 241,639 shares of the stock in a transaction dated Tuesday, June 24th. The stock was sold at an average price of GBX 144 ($1.93), for a total value of £347,960.16 ($467,562.70). Over the last three months, insiders sold 612,435 shares of company stock worth $87,561,906. 6.43% of the stock is owned by insiders.

Costain Group Company Profile

Costain helps to improve people's lives by creating connected, sustainable infrastructure that enables people and the planet thrive. We shape, create and deliver pioneering solutions that transform the performance of the infrastructure ecosystem across the UK's energy, water, transportation and defence markets.

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