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

Shares of Costain Group PLC (LON:COSTGet Free Report) 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 traded 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 Up 11.3 %

The business has a 50 day moving average price of GBX 103.15 and a 200-day moving average price of GBX 100.07. The firm has a market cap of £260.72 million, a price-to-earnings ratio of 870.36, a price-to-earnings-growth ratio of 1.63 and a beta of 2.64. The company has a quick ratio of 1.32, a current ratio of 1.40 and a debt-to-equity ratio of 9.86.

About Costain Group

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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.

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