Costain Group (LON:COST) Stock Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Costain Group PLC (LON:COST)’s stock price passed 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.

Costain Group Stock Down 0.9 %

The company has a market capitalization of £285.26 million, a price-to-earnings ratio of 9.51, a P/E/G ratio of 1.63 and a beta of 2.64. The business has a fifty day simple moving average of GBX 103.14 and a two-hundred day simple moving average of GBX 103.50. The company has a quick ratio of 1.32, a current ratio of 1.40 and a debt-to-equity ratio of 9.86.

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

Costain Group Increases Dividend

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