Costain Group (LON:COST) Trading 11.3% Higher – Here’s What Happened

Costain Group PLC (LON:COST) was up 11.3% during mid-day trading on Monday . The stock traded as high as GBX 97.20 ($1.21) and last traded at GBX 95.74 ($1.19). Approximately 22,979,559 shares changed hands during trading, an increase of 812% from the average daily volume of 2,519,368 shares. The stock had previously closed at GBX 86 ($1.07).

Costain Group Trading Up 11.3 %

The business’s 50 day simple moving average is GBX 103.15 and its 200 day simple moving average is GBX 100.07. The stock has a market cap of £260.72 million, a price-to-earnings ratio of 870.36, a PEG 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.

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.