Peel Hunt restated their add rating on shares of Costain Group (LON:COST – Get Rating) in a research note released on Tuesday morning, Marketbeat.com reports. Peel Hunt currently has a GBX 50 ($0.61) price objective on the stock.
Costain Group Stock Up 7.7 %
Shares of Costain Group stock opened at GBX 48 ($0.59) on Tuesday. The business’s fifty day moving average price is GBX 43.75 and its two-hundred day moving average price is GBX 40.98. The company has a debt-to-equity ratio of 29.83, a current ratio of 1.32 and a quick ratio of 1.32. The company has a market capitalization of £132.04 million, a P/E ratio of -2,400.00, a PEG ratio of 1.63 and a beta of 2.44. Costain Group has a 1-year low of GBX 32.10 ($0.39) and a 1-year high of GBX 49.50 ($0.60).
In related news, insider Kate Rock bought 50,000 shares of the firm’s stock in a transaction that occurred on Wednesday, December 21st. The shares were acquired at an average cost of GBX 38 ($0.46) per share, for a total transaction of £19,000 ($23,156.61). 21.32% of the stock is owned by insiders.
Costain Group Company Profile
Costain Group PLC provides smart infrastructure solutions for the energy, water, transportation, 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.
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