Costain Group (LON:COST) Shares Up 10.1% – Still a Buy?

Costain Group PLC (LON:COST)’s share price rose 10.1% during trading on Monday . The stock traded as high as GBX 95.40 ($1.19) and last traded at GBX 94.66 ($1.18). Approximately 13,586,744 shares changed hands during mid-day trading, an increase of 580% from the average daily volume of 1,997,545 shares. The stock had previously closed at GBX 86 ($1.07).

Costain Group Stock Performance

The company has a fifty day moving average of GBX 103.04 and a two-hundred day moving average of GBX 100.13. The firm has a market capitalization of £265.51 million, a price-to-earnings ratio of 886.36, a PEG ratio of 1.63 and a beta of 2.64. The company has a debt-to-equity ratio of 9.86, a quick ratio of 1.32 and a current ratio of 1.40.

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.