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

Costain Group PLC (LON:COST) shares crossed 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 Down 0.9 %

The firm’s 50-day simple moving average is GBX 103.14 and its 200 day simple moving average is GBX 103.50. The company has a debt-to-equity ratio of 9.86, a quick ratio of 1.32 and a current ratio of 1.40. The company has a market cap of £285.26 million, a P/E ratio of 9.51, a PEG ratio of 1.63 and a beta of 2.64.

Costain Group (LON:COST) last released its quarterly earnings data 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%. On average, research analysts forecast that Costain Group PLC will post 13.7551582 earnings per share for the current fiscal year.

Costain Group Increases Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, May 29th. Investors 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. The ex-dividend date is Thursday, April 17th. This represents a yield of 1.89%. Costain Group’s dividend payout ratio (DPR) is presently 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.