Costain Group (LON:COST) Shares Pass Above 200 Day Moving Average – Time to Sell?

Costain Group PLC (LON:COST) 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 traded.

Costain Group Stock Up 0.9 %

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 simple moving average is GBX 102.94 and its 200 day simple moving average is GBX 103.49. The company has a market cap of £289.28 million, a price-to-earnings ratio of 9.64, a price-to-earnings-growth ratio of 1.63 and a beta of 2.64.

Costain Group (LON:COST) last issued 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%. Sell-side analysts anticipate that Costain Group PLC will post 13.7551582 EPS for the current fiscal year.

Costain Group Increases Dividend

The company also recently declared a dividend, which will be paid on Thursday, May 29th. Shareholders of record on Thursday, April 17th will be paid a dividend of GBX 2 ($0.03) per share. This is a positive change from Costain Group’s previous dividend of $0.40. This represents a yield of 1.89%. The ex-dividend date of this dividend is Thursday, April 17th. Costain Group’s dividend payout ratio (DPR) is presently 8.93%.

Costain Group Company Profile

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.