Costain Group (LON:COST) Hits New 12-Month High - What's Next?

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 trading on Tuesday . The stock traded as high as GBX 168.27 ($2.25) and last traded at GBX 165.60 ($2.21), with a volume of 1952918 shares traded. The stock had previously closed at GBX 164 ($2.19).

Costain Group Stock Down 0.2%

The firm has a market capitalization of £447.36 million, a P/E ratio of 14.91, a PEG ratio of 1.63 and a beta of 2.64. The company has a debt-to-equity ratio of 9.86, a current ratio of 1.40 and a quick ratio of 1.32. The firm's fifty day moving average price is GBX 145.23 and its 200-day moving average price is GBX 120.25.

Insiders Place Their Bets

In other news, insider Helen Willis sold 100,082 shares of Costain Group stock in a transaction dated Tuesday, June 24th. The shares were sold at an average price of GBX 142 ($1.90), for a total transaction of £142,116.44 ($189,842.96). Also, insider Alex Vaughan sold 241,639 shares of Costain Group stock in a transaction dated Tuesday, June 24th. The shares were sold at an average price of GBX 144 ($1.92), for a total transaction of £347,960.16 ($464,814.53). Insiders have sold a total of 612,435 shares of company stock worth $87,561,906 in the last 90 days. 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.