Costain Group (LON:COST) Reaches New 1-Year High - Here's What Happened

Shares of Costain Group PLC (LON:COST - Get Free Report) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 125 ($1.68) and last traded at GBX 123.80 ($1.67), with a volume of 729842 shares trading hands. The stock had previously closed at GBX 123 ($1.66).

Costain Group Trading Up 0.7%

The business has a 50 day simple moving average of GBX 111.72 and a two-hundred day simple moving average of GBX 106.49. 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 stock has a market cap of £331.60 million, a price-to-earnings ratio of 11.05, a price-to-earnings-growth ratio of 1.63 and a beta of 2.64.

Costain Group (LON:COST - Get Free Report) last issued its quarterly earnings data on Tuesday, March 11th. The company reported GBX 14.60 ($0.20) earnings per share for the quarter. Costain Group had a return on equity of 13.56% and a net margin of 2.33%. As a group, equities analysts anticipate that Costain Group PLC will post 13.7551582 EPS for the current year.

Costain Group Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, May 29th. Shareholders of record on Thursday, April 17th were issued a dividend of GBX 2 ($0.03) per share. This represents a yield of 1.89%. The ex-dividend date was Thursday, April 17th. This is an increase from Costain Group's previous dividend of $0.40. Costain Group's dividend payout ratio (DPR) is currently 8.93%.

About Costain Group

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.