Costain Group (LON:COST) Shares Pass Above Two Hundred Day Moving Average – Here’s Why

Costain Group PLC (LON:COST) shares crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 97.46 ($1.23) and traded as high as GBX 108 ($1.36). Costain Group shares last traded at GBX 108 ($1.36), with a volume of 323,505 shares trading hands.

Costain Group Stock Up 0.5 %

The firm has a market cap of £294.11 million, a price-to-earnings ratio of 981.82, a price-to-earnings-growth ratio of 1.63 and a beta of 2.64. The stock’s 50 day moving average is GBX 105.98 and its 200 day moving average is GBX 97.46. The company has a quick ratio of 1.32, a current ratio of 1.40 and a debt-to-equity ratio of 9.86.

Insider Buying and Selling at Costain Group

In other news, insider Helen Willis sold 234,555 shares of the business’s stock in a transaction that occurred on Monday, October 28th. The shares were sold at an average price of GBX 107 ($1.35), for a total transaction of £250,973.85 ($315,809.55). 6.43% of the stock is owned by corporate insiders.

Costain Group Company Profile

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.