Costain Group (LON:COST) Hits New 1-Year High - Still a Buy?

Key Points

• Costain Group PLC has reached a new 52-week high, trading at GBX 168.27 ($2.24) with a market cap of £443.56 million.
• Insiders at Costain have sold a total of 612,435 shares worth approximately $87.56 million over the last 90 days, indicating potential concerns about future performance.
• The company has a debt-to-equity ratio of 9.86 and a price-to-earnings ratio of 14.78, showcasing its financial leverage and valuation metrics.

Shares of Costain Group PLC (LON:COST - Get Free Report) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 168.27 ($2.26) and last traded at GBX 165.60 ($2.23), with a volume of 1952918 shares traded. The stock had previously closed at GBX 164 ($2.21).

Costain Group Trading Up 0.9%

The firm has a market capitalization of £448.49 million, a PE ratio of 14.95, a P/E/G ratio of 1.63 and a beta of 2.64. The business has a 50 day moving average price of GBX 146.99 and a 200-day moving average price of GBX 121.44. The company has a current ratio of 1.40, a quick ratio of 1.32 and a debt-to-equity ratio of 9.86.

Insider Activity at Costain Group

In other Costain Group news, insider Helen Willis sold 100,082 shares of the firm's stock in a transaction on Tuesday, June 24th. The stock was sold at an average price of GBX 142 ($1.91), for a total transaction of £142,116.44 ($191,145.18). Also, insider Alex Vaughan sold 241,639 shares of the firm's stock in a transaction on Tuesday, June 24th. The stock was sold at an average price of GBX 144 ($1.94), for a total value of £347,960.16 ($468,002.91). Insiders sold a total of 612,435 shares of company stock valued at $87,561,906 over the last ninety days. 6.43% of the stock is currently owned by company 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.