Costain Group (LON:COST) Stock Crosses Above Two Hundred Day Moving Average – Time to Sell?

Costain Group PLC (LON:COST) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 106.72 ($1.44) and traded as high as GBX 123 ($1.66). Costain Group shares last traded at GBX 121 ($1.64), with a volume of 325,983 shares trading hands.

Costain Group Trading Down 0.8%

The company has a market cap of £324.10 million, a P/E ratio of 10.80, 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 firm’s 50-day moving average price is GBX 112.28 and its 200-day moving average price is GBX 106.72.

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

Costain Group Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, May 29th. Investors of record on Thursday, April 17th were given a GBX 2 ($0.03) dividend. This is an increase from Costain Group’s previous dividend of $0.40. The ex-dividend date was Thursday, April 17th. This represents a yield of 1.89%. Costain Group’s payout ratio is presently 8.93%.

About Costain Group

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.