Costain Group (LON:COST) Stock Price Up 11.3% – Still a Buy?

Shares of Costain Group PLC (LON:COST) rose 11.3% during mid-day trading on Monday . The company traded as high as GBX 97.20 ($1.21) and last traded at GBX 95.74 ($1.19). Approximately 22,979,559 shares changed hands during mid-day trading, an increase of 812% from the average daily volume of 2,519,368 shares. The stock had previously closed at GBX 86 ($1.07).

Costain Group Trading Down 2.1 %

The stock has a 50 day simple moving average of GBX 102.91 and a 200-day simple moving average of GBX 100.09. The company has a current ratio of 1.40, a quick ratio of 1.32 and a debt-to-equity ratio of 9.86. The firm has a market capitalization of £258.70 million, a P/E ratio of 863.64, a P/E/G ratio of 1.63 and a beta of 2.64.

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.