Costain Group (LON:COST) Reaches New 1-Year High at $84.60

Costain Group PLC (LON:COST - Get Free Report) shares hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 84.60 ($1.04) and last traded at GBX 83.20 ($1.03), with a volume of 2241382 shares traded. The stock had previously closed at GBX 78.80 ($0.97).

Costain Group Price Performance

The firm has a market cap of £230.23 million, a price-to-earnings ratio of 1,040.00, a PEG ratio of 1.63 and a beta of 2.40. The company has a quick ratio of 1.32, a current ratio of 1.39 and a debt-to-equity ratio of 11.08. The company's 50-day moving average price is GBX 70.31 and its 200-day moving average price is GBX 63.87.

Costain Group Increases Dividend

The company also recently announced a dividend, which will be paid on Tuesday, May 28th. Investors of record on Thursday, April 18th will be issued a GBX 0.80 ($0.01) dividend. This is a boost from Costain Group's previous dividend of $0.40. The ex-dividend date of this dividend is Thursday, April 18th. This represents a yield of 1.18%. Costain Group's dividend payout ratio (DPR) is 1,250.00%.

Insider Activity at Costain Group

In related news, insider Alex Vaughan sold 282,443 shares of the firm's stock in a transaction that occurred on Monday, April 8th. The shares were sold at an average price of GBX 78 ($0.96), for a total value of £220,305.54 ($272,116.53). 21.36% of the stock is owned by corporate insiders.

About Costain Group

(Get Free Report)

Costain Group PLC provides smart infrastructure solutions for the transportation, energy, water, and defense markets in the United Kingdom. The company operates through two segments, Transportation and Natural Resources. The Transportation segment operates in the road, rail, and integrated transport markets.

Further Reading

→ Shocking $16T Elon Musk Crypto Leak (From Crypto 101 Media) (Ad)

Should you invest $1,000 in Costain Group right now?

Before you consider Costain Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Costain Group wasn't on the list.

While Costain Group currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

These 7 Stocks Will Be Magnificent in 2024 Cover

With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.

Get This Free Report

Featured Articles and Offers

Search Headlines: