Costain Group (LON:COST) Shares Pass Above 200 Day Moving Average – Time to Sell?

Costain Group PLC (LON:COST)’s share price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 103.49 ($1.34) and traded as high as GBX 108 ($1.40). Costain Group shares last traded at GBX 108 ($1.40), with a volume of 10,061,614 shares traded.

Costain Group Stock Performance

The company has a debt-to-equity ratio of 9.86, a current ratio of 1.40 and a quick ratio of 1.32. The firm has a market capitalization of £289.28 million, a PE ratio of 9.64, a P/E/G ratio of 1.63 and a beta of 2.64. The firm has a fifty day moving average price of GBX 102.94 and a 200 day moving average price of GBX 103.49.

Costain Group (LON:COST) last posted its quarterly earnings data on Tuesday, March 11th. The company reported GBX 14.60 ($0.19) EPS for the quarter. Costain Group had a net margin of 2.33% and a return on equity of 13.56%. Research analysts anticipate that Costain Group PLC will post 13.7551582 earnings per share for the current fiscal year.

Costain Group Increases Dividend

The company also recently declared a dividend, which will be paid on Thursday, May 29th. Investors of record on Thursday, April 17th will be given a GBX 2 ($0.03) dividend. This represents a dividend yield of 1.89%. The ex-dividend date of this dividend is Thursday, April 17th. This is an increase from Costain Group’s previous dividend of $0.40. 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.