Costain Group (LON:COST) Stock Price Crosses Above 200 Day Moving Average - Should You Sell?

Shares of Costain Group PLC (LON:COST - Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 114.83 ($1.55) and traded as high as GBX 157.60 ($2.13). Costain Group shares last traded at GBX 156.40 ($2.11), with a volume of 1,296,807 shares traded.

Costain Group Stock Down 1.0%

The firm's 50-day moving average price is GBX 136.75 and its 200 day moving average price is GBX 115.56. The firm has a market cap of £415.07 million, a P/E ratio of 13.83, a price-to-earnings-growth ratio of 1.63 and a beta of 2.64. The company has a quick ratio of 1.32, a current ratio of 1.40 and a debt-to-equity ratio of 9.86.

Insider Activity at Costain Group

In other news, insider Alex Vaughan sold 241,639 shares of the business's stock in a transaction on Tuesday, June 24th. The shares were sold at an average price of GBX 144 ($1.95), for a total transaction of £347,960.16 ($470,407.14). Also, insider Helen Willis sold 100,082 shares of Costain Group stock in a transaction on Tuesday, June 24th. The shares were sold at an average price of GBX 142 ($1.92), for a total transaction of £142,116.44 ($192,127.13). Over the last quarter, insiders have sold 612,435 shares of company stock worth $87,561,906. Corporate insiders own 6.43% of the company's stock.

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.