Costain Group (LON:COST) Stock Price Up 11.3% – Time to Buy?

Costain Group PLC (LON:COST) traded up 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). 22,979,559 shares traded hands during trading, an increase of 812% from the average session volume of 2,519,368 shares. The stock had previously closed at GBX 86 ($1.07).

Costain Group Stock Performance

The company has a 50 day moving average of GBX 102.91 and a 200 day moving average of GBX 100.09. 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 has a market cap of £258.70 million, a price-to-earnings ratio of 863.64, a PEG 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.