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

Shares of Costain Group PLC (LON:COST) shot up 11.3% during trading on Monday . The stock traded as high as GBX 97.20 ($1.21) and last traded at GBX 95.74 ($1.19). 22,979,559 shares changed 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 Trading Up 11.3 %

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 firm has a market cap of £260.72 million, a price-to-earnings ratio of 870.36, a P/E/G ratio of 1.63 and a beta of 2.64. The company’s 50-day moving average is GBX 103.15 and its 200-day moving average is GBX 100.07.

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.