Costain Group (LON:COST) Shares Cross Above 200-Day Moving Average - Should You Sell?

Costain Group PLC (LON:COST - Get Free Report) shares crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 106.72 ($1.45) and traded as high as GBX 123 ($1.67). Costain Group shares last traded at GBX 121 ($1.64), with a volume of 325,983 shares trading hands.

Costain Group Price Performance

The stock has a market capitalization of £325.17 million, a PE ratio of 10.84, 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. The stock's 50 day moving average price is GBX 112.59 and its 200-day moving average price is GBX 106.82.

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

Costain Group Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, May 29th. Investors of record on Thursday, April 17th were paid a GBX 2 ($0.03) dividend. The ex-dividend date of this dividend was Thursday, April 17th. This is a positive change from Costain Group's previous dividend of $0.40. This represents a yield of 1.89%. Costain Group's dividend payout ratio is 8.93%.

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.