Costain Group (LON:COST) Trading 11.3% Higher – Should You Buy?

Shares of Costain Group PLC (LON:COSTGet Free Report) were 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). Approximately 22,979,559 shares traded hands during 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 Stock Performance

The firm’s 50 day simple moving average is GBX 102.91 and its 200 day simple moving average is 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 cap of £258.70 million, a PE ratio of 863.64, a PEG ratio of 1.63 and a beta of 2.64.

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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