Costain Group (LON:COST) Hits New 52-Week High at $86.60

Costain Group PLC (LON:COST) reached a new 52-week high on Friday . The company traded as high as GBX 86.60 ($1.09) and last traded at GBX 84.60 ($1.06), with a volume of 659879 shares trading hands. The stock had previously closed at GBX 85 ($1.07).

Costain Group Trading Down 0.5 %

The firm has a 50 day moving average of GBX 73.13 and a 200-day moving average of GBX 65.67. 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 firm has a market capitalization of £234.11 million, a P/E ratio of 1,057.50, a PEG ratio of 1.63 and a beta of 2.40.

Costain Group Increases Dividend

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

Insider Activity at Costain Group

In other Costain Group news, insider Alex Vaughan sold 282,443 shares of the company’s stock in a transaction on Monday, April 8th. The stock was sold at an average price of GBX 78 ($0.98), for a total transaction of £220,305.54 ($276,730.99). 21.36% of the stock is owned by insiders.

About Costain Group

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.