Costain Group (LON:COST) Sets New 52-Week High – What’s Next?

Costain Group PLC (LON:COST)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 125 ($1.69) and last traded at GBX 124.20 ($1.68), with a volume of 332461 shares changing hands. The stock had previously closed at GBX 124.40 ($1.68).

Costain Group Price Performance

The firm has a 50 day simple moving average of GBX 113.25 and a 200-day simple moving average of GBX 107.19. 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 company has a market cap of £332.67 million, a PE ratio of 11.09, a price-to-earnings-growth ratio of 1.63 and a beta of 2.64.

Costain Group (LON:COST) last released its earnings results on Tuesday, March 11th. The company reported GBX 14.60 ($0.20) earnings per share for the quarter. Costain Group had a net margin of 2.33% and a return on equity of 13.56%. As a group, research analysts predict 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 was paid on Thursday, May 29th. Stockholders of record on Thursday, April 17th were paid a GBX 2 ($0.03) dividend. This represents a dividend yield of 1.89%. This is a boost from Costain Group’s previous dividend of $0.40. The ex-dividend date was Thursday, April 17th. 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.