Costain Group (LON:COST) Hits New 1-Year High at $86.80

Shares of Costain Group PLC (LON:COST) reached a new 52-week high on Tuesday . The company traded as high as GBX 86.80 ($1.10) and last traded at GBX 86.75 ($1.10), with a volume of 1584974 shares trading hands. The stock had previously closed at GBX 85 ($1.08).

Costain Group Price Performance

The stock has a fifty day moving average of GBX 78.23 and a two-hundred day moving average of GBX 68.83. The stock has a market capitalization of £230.47 million, a price-to-earnings ratio of 1,035.00, a PEG ratio of 1.63 and a beta of 2.40. The company has a current ratio of 1.39, a quick ratio of 1.32 and a debt-to-equity ratio of 11.08.

Costain Group Increases Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, May 28th. Investors of record on Thursday, April 18th will be issued a dividend of GBX 0.80 ($0.01) per share. This represents a yield of 1.18%. This is a boost from Costain Group’s previous dividend of $0.40. The ex-dividend date is Thursday, April 18th. Costain Group’s dividend payout ratio (DPR) is currently 1,250.00%.

Insider Activity at Costain Group

In related news, insider Alex Vaughan sold 282,443 shares of the firm’s stock in a transaction on Monday, April 8th. The stock was sold at an average price of GBX 78 ($0.99), for a total transaction of £220,305.54 ($280,001.96). Insiders own 21.57% of the company’s stock.

About Costain Group

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.