Costain Group (LON:COST) Stock Crosses Above 200-Day Moving Average - Here's Why

Shares of Costain Group PLC (LON:COST - Get Free Report) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 112.95 ($1.52) and traded as high as GBX 149.40 ($2.01). Costain Group shares last traded at GBX 149 ($2.00), with a volume of 954,264 shares changing hands.

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 company's fifty day moving average is GBX 131.76 and its 200 day moving average is GBX 113.32. The company has a market cap of £404.45 million, a P/E ratio of 13.48, a price-to-earnings-growth ratio of 1.63 and a beta of 2.64.

Insider Buying and Selling at Costain Group

In related news, insider Alex Vaughan sold 241,639 shares of the stock in a transaction on Tuesday, June 24th. The shares were sold at an average price of GBX 144 ($1.93), for a total transaction of £347,960.16 ($467,186.04). Also, insider Helen Willis sold 100,082 shares of the stock in a transaction on Tuesday, June 24th. The shares were sold at an average price of GBX 142 ($1.91), for a total transaction of £142,116.44 ($190,811.55). In the last ninety days, insiders have 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.